Venture Capital Heavyweight A16Z Crypto led a seed-round investment of $ 15 million to Poseidon, a decentralized artificial intelligence (AI) data layer.
Poseidon is built to provide access to training data for robotics and AI models that are “traceable, enforceable and monetizable” according to an E email message on Tuesday.
The project was incubated by Intellectual Property (IP) -based protocol history, another A16Z portfolio company. The story aims to convert IP to programmable assets that may be licensed and controlled using smart contracts on blockchains.
“AI Foundation models have already exhausted the most easily accessible training data,” said A16Z Crypto’s CEO CEO, Chris Dixon, IE email.
“Poseidon’s decentralized data layer seeks to establish a new financial foundation for the Internet that rewards creators and suppliers to deliver the various inputs that the next general intelligent systems need.”
AI models, especially generative AI, are trained on large data sets – often scraped from the Internet – which include copyrighted works such as books, art, music and code. Some ads claim that this constitutes unauthorized use and copyright infringement because their work is used for commercial purposes without permission or compensation. The practice has already led to several litigation.
This friction highlights how AI and Blockchain technology can interact, with decentralization that helps provide secure, controlled data sharing and allow more parties to contribute to large-scale model education without compromising privacy or proprietary information.
The creation of different data sets opens the options for data income, where creators are compensated for the use of their works.
