Poseidon Raises $15M to Fix AI’s Data Gap with Web3 Tools

Poseidon has secured $15 million in seed funding led by a16z Crypto to build a decentralized data layer designed for artificial intelligence training.

The San Francisco-based full-stack AI data layer said it aims to tackle the scarcity of high-quality, IP-cleared training data in AI development, according to a Tuesday announcement shared with Cointelegraph.

“LLMs and compute are no longer the bottlenecks; it’s high-quality data that’s missing,” said Sandeep Chinchali, Poseidon’s chief scientist and also chief AI officer at its incubator,…