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[PRESS RELEASE – Los Angeles, United States, March 5th, 2024]
Sahara’s AI community empowers people and companies to personal, monetize, and scale proprietary information by way of privacy-preserving and personalised Data Brokers.
Sahara, a decentralized AI community that transforms how information is owned, shared, and monetized globally, at present introduced its $6 Million seed funding spherical led by Polychain Capital with participation from Samsung Subsequent, Matrix Companions, Motherson Group, dao5, Geekcartel, Canonical Crypto, Nomad Capital, Dispersion Capital, Alumni Ventures, Tangent Ventures, and Coho Deeptech. Angel investor Sandeep Nailwal additionally participated within the spherical.
Sahara is a trustless, permissionless, and privacy-centric community that permits the creation of custom-made, autonomous Data Agent (Sahara KA) for people and companies. By using this decentralized community, everybody can leverage their information capital to discover monetization and automation alternatives by way of AI. Adopting a decentralized AI technique is important for safeguarding information sovereignty and lowering the hazards linked to centralized management of information.
“Human-AI collaboration is at an inflection level that AI, as powered by human information, can automate extra elements of our life,” mentioned Professor Sean Ren, Co-Founder and CEO of Sahara. “It turns into critically vital to guard the privateness of customers, assure the possession and provenance of the information and mannequin, and set up a decentralized and trustless community for human-AI collaboration.”
Co-founded in Might 2023 by a staff of consultants from the AI and web3 industries, Sahara is led by Professor Sean Ren and Tyler Zhou. Having earned accolades together with Samsung AI Researcher of the 12 months, MIT TR Innovator underneath 35 (Asia Pacific), and Forbes’ Asia 30 Underneath 30, Sean is a Professor at USC and has contributed considerably to AI analysis and innovation. Moreover, Tyler has in depth expertise within the blockchain trade because the earlier Funding Director at Binance Labs.
“Harnessing the synergy between blockchain and AI applied sciences powers our mission to remodel information distribution into a good, safe, and accessible system the place data is not only shared however owned and rewarded,” mentioned Tyler Zhou, Co-Founder and COO of Sahara. “We hope that our expertise will probably be a stepping stone into the long run adoption of human-AI collaboration in an effort to advance human potential, respect person sovereignty, and promote a sustainable digital financial system. ”
Constructed to energy human-AI collaboration, Sahara’s product suite encompasses infrastructure and purposes that help enterprise, client, analysis, and developer use instances. First to launch, Sahara Data Agent (KA) and Sahara Information are the 2 cornerstone merchandise. Sahara KA is an AI that extends far past conversational capabilities, autonomously analyzing each exterior and inner proprietary information to supply dependable decision-making tailor-made to particular wants. Sahara Information gives high-value information companies for AI mannequin coaching, addressing considerations about safety and privateness in information dealing with. Since its inception, Sahara has attracted over 30 enterprise purchasers starting from Fortune 500 to unicorn startups, together with Microsoft, MIT, Motherson Group, and USC.
“We’re extraordinarily impressed with the experience and analysis backing Sahara’s community,” mentioned Luke Pearson of Polychain Capital. “The mixing of blockchain expertise with AI by Sahara not solely enhances privateness and safety but in addition ensures the traceability and acknowledgment of contributions. Sahara’s modern strategy will unlock unparalleled alternatives for people and companies alike, setting a brand new commonplace in the way in which we personal, share, and monetize information within the digital age.”
Sahara plans to make the most of the newly acquired funds to broaden its staff and improve its portfolio of AI and blockchain-enabled merchandise. Within the subsequent 12 months, in addition to Sahara KA and Information, the community will develop to embody Sahara Vault, Sahara ID, and Sahara Community for people and companies to navigate freely within the Sahara ecosystem.
For extra data on Sahara and to get in contact, please go to saharalabs.ai or comply with us on Twitter.
About Sahara
Sahara is revolutionizing human-AI collaboration by constructing an AI community that democratizes honest and common entry to world information capital. By its suite of trustless, permissionless, and privacy-preserving AI merchandise, Sahara empowers people and companies with unparalleled alternatives for leveraging, using, and monetizing their information capital. Sahara has secured the backing of distinguished web3 and AI buyers, together with Polychain Capital, Matrix Companions, and Samsung Subsequent.
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