Capital of venture capital Crypto A16Z Crypto conducted an investment of $ 15 million to the round of seeds in Poseidon, a layer of decentralized data of artificial intelligence (AI).
Poseidon is designed to provide access to training data for robotics and AI models which is “traceable, enforceable and monetizable”, according to an announcement by email on Tuesday.
The project was incubated by the history of intellectual property protocol (IP), another A16Z portfolio company. Story aims to convert IP into programmable active ingredients that can be authorized and managed using smart contracts on blockchains.
“AI foundation models have already exhausted the most easily accessible training data,” said Chris Dixon, general partner of A16z Crypto, Chris Dixon.
“The decentralized data layer of Poseidon seeks to establish a new economic basis for the Internet, by rewarding creators and suppliers to provide the various contributions including new generation intelligent systems need.”
AI models, in particular generative AI, are formed on large sets of data – often scratched by the Internet – which include works protected by copyright such as books, art, music and code. Some creatives argue that this constitutes unauthorized use and a copyright violation because their work is used for commercial purposes without authorization or compensation. The practice has already led to several proceedings.
This friction highlights the way in which AI and blockchain technology can interact, decentralization contributing to providing secure and controlled sharing of data and allowing several parts to contribute to a large -language model training without compromising confidentiality or proprietary information.
The creation of various data sets opens up data monetization possibilities, the creators being offset for the use of their work.
