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Synopsis
a16z crypto, a venture capital fund, led a $15m seed round in Poseidon, a full-stack decentralized data layer company. "AI foundation models have already exhausted the most easily accessible training data. Poseidon's decentralized data layer seeks to establish a new economic foundation for the internet, rewarding creators and suppliers for providing the diverse inputs that next-gen intelligent systems need. We are excited to support Poseidon in its work to solve one of the most critical bottlenecks in AI development," Chris Dixon, a16z crypto Founder and Managing Partner.
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