Enterprise Capital Heavyweight A16z Crypto led a $15 million seed spherical funding in Poseidon, a decentralized synthetic intelligence (AI) knowledge layer.
Poseidon is being constructed to supply entry to coaching knowledge for “trackable, enforceable, monetized” robotics and AI fashions, in response to a announcement launched in an electronic mail Tuesday.
The venture was incubated by one other A16Z portfolio firm, Mental Property (IP)-based Protocol Story. The aim of Story is to rework IP into programmable property that may be licensed and managed utilizing sensible contracts on the blockchain.
“The AI Basis mannequin is already operating out of coaching knowledge that’s best to entry,” Chris Dixon, managing companion at A16Z Crypto, mentioned in an electronic mail.
“Poseidon's distributed knowledge layer is sought to determine a brand new financial basis for the Web, and goals to reward creators and suppliers to supply the varied enter wanted for next-generation clever programs.”
AI fashions, significantly the generated AI, are sometimes skilled on huge datasets which were scraped from the Web. This consists of copyrighted works reminiscent of books, artwork, music, and chords. Some creatives argue that that is used for business functions with out permission or compensation, and constitutes misuse and copyright infringement. This follow has already led to a number of lawsuits.
This friction highlights how AI and blockchain expertise can work together, together with decentralization, offering safe and managed knowledge sharing, permitting a number of stakeholders to contribute to large-scale mannequin coaching with out compromising privateness or distinctive info.
Creating numerous datasets opens up the opportunity of knowledge monetization and authors are compensated for his or her use of the work.