Poseidon raised $15 million to build a decentralized data platform for AI training using onchain licensing tools.
- Poseidon aims to solve the shortage of legal, high-quality AI training data.
- Funding led by a16z Crypto will help scale decentralized data infrastructure.
- New tools will reward data contributors and protect developers from IP risks.
Poseidon Plans to Fix AI’s Data Shortage
AI tools need lots of high-quality data to learn and improve. But that data is getting harder to find. Many old data sources are already used up. Also, using copyrighted data can cause legal problems.
Poseidon says it has a solution. It wants to offer legally cleared data that AI teams can use safely. To do this, it will use a decentralized system where many people can contribute data. These people will be paid with tools from Story Protocol, a Web3 licensing platform.
Big Investors Back the Idea
Poseidon just raised $15 million in seed funding. The main backer was a16z Crypto, a well-known tech investor. Chris Dixon from a16z called the project “a new economic foundation for the internet.” He said the model rewards people who provide the data that AI systems need.
The funding will help Poseidon grow its network. The company will launch software tools that make it easy for developers and data providers to take part. Early access to these tools is expected this summer.
Why Decentralization Matters for AI
Traditional ways of gathering data are slow and limited. Centralized systems can’t meet the needs of modern AI, which needs niche and complex data types. That’s why Poseidon’s decentralized approach stands out.
By using many contributors across different locations, Poseidon can source and label real-world data in new ways. This will help areas like robotics and spatial computing, where computers need to learn from real environments.
What’s Next for Poseidon
Poseidon is already working with AI labs. The next steps include rolling out development kits, licensing tools, and ways for data providers to earn money. These tools will also ensure that AI developers get safe and useful data without legal risks.
As AI models grow larger and more advanced, the need for better data will only increase. Poseidon hopes its model can meet these needs while rewarding everyone involved.
Source: cointelegraph.com
