A16Z Crypto carries a round of $ 15 million seeds to the Poseidon decentralized data layer



Venture Capital Heavyweight A16z Crypto led an investment of seeds from $ 15 million to Poseidon, a layer of decentralized artificial intelligence data (AI).

Poseidon is created to provide access to training data for robotic models and which is “traceable, enforceable and monetizable”, according to an admitted advertisement on Tuesday.

The project was incubated by the intellectual property -based protocol (IP) Story, another A16Z portfolio company. The story aims to turn IP into programmable assets that can be licensed and administered using intelligent contracts in blockchains.

“The AI Foundation models have already exhausted the most easily accessible training data,” said A16z Crypto manager Chris Dixon.

“The Decentralized Poseidon data layer seeks to establish a new economic base for the Internet, rewarding creators and suppliers for providing the various inputs that next generation intelligent systems need.”

The AI models, especially the generative AI, are trained in vast data sets, often scraped from the Internet, which include copyright such as books, art, music and code. Some creatives argue that this constitutes an unauthorized use and violation of copyright because their work is being used for commercial purposes without permission or compensation. The practice has already led to several demands.

This friction highlights how AI and Blockchain technology can interact, with decentralization that helps provide a safe and controlled data exchange and allowing multiple parties to contribute to the training of great language models without compromising privacy or patented information.

The creation of various data sets opens possibilities for data monetization, and creators are compensated for the use of their works.

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