A16z Crypto leads 15 million USD Poseidon raise to decentralize AI training data

POSEIDON has secured 15 million USD in funding from A16z Crypto to develop a decentralized data layer aimed at supporting AI training. This project seeks to provide high-quality, IP-cleared data, addressing a critical shortage in the current AI landscape.

The company utilizes decentralized infrastructure for the legal collection and distribution of training data. By integrating Story Protocol’s onchain licensing, Poseidon ensures traceability and monetization for data contributors, facilitating a fair reward system.

The project responds to the growing demand for specialized data crucial for next-gen AI models. Experts highlight that centralized data sourcing fails to meet these needs, making Poseidon’s decentralized approach increasingly essential.

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