Poseidon Secures $15M to Build Decentralized AI Training Data Infrastructure
Poseidon, a San Francisco-based AI data platform, has raised $15 million in seed funding led by a16z Crypto. The investment will support development of a decentralized pipeline for high-quality, IP-cleared training data – addressing a critical bottleneck in AI development.
The Growing Need for Quality AI Training Data
As AI models advance, the demand for specialized training data has outpaced supply. Poseidon solves this by creating a decentralized network that legally sources and distributes datasets while ensuring proper compensation for contributors.
Key Advantages of Poseidon’s Approach
- Decentralized architecture ensures data diversity and availability
- Integrated with Story Protocol for transparent licensing
- Fair compensation model for data providers
- Legal protection for developers using the data
Industry Perspective
“This solves both the technical and coordination challenges in AI data collection,” said Chris Dixon, founder of a16z Crypto. “By properly incentivizing contributors, we can build the diverse datasets next-generation AI requires.”
Next Steps for the Platform
The funding will accelerate development of Poseidon’s infrastructure, with plans to launch contributor tools and developer kits this summer. The platform aims to become the go-to source for legally compliant AI training data across industries.
