These days, I was shocked by the $43 million financing of @SaharaLabsAI. In the current market downturn, it is truly admirable to obtain such a large amount of financing from top-tier capital. After researching the background of the project, I was truly amazed. The founder, Sean Ren, is a tenured professor at the University of Southern California, a postdoctoral fellow at Stanford, and has been deeply involved in the field of AI for the past 10 years. He has been recognized as a Samsung annual AI researcher and a Forbes 30 under 30 elite. The Chief Operating Officer, Tyler Zhou, was formerly the investment director of Binance Labs and graduated from the University of California, Berkeley. With this team and combination, it is highly probable that the project will be listed on Binance in the future, and it is worth paying attention to!
AI, as one of the biggest narratives in this cycle, is still in its early stages compared to the traditional #Web2 market. According to @coingecko data, the current market value of the entire Web3+AI market is only $20.6 billion, while the market value of a single company like Nvidia is as high as $3 trillion, indicating unlimited growth potential.
Why is #Web3+ #AI so important? I often say that #AI is the new productivity, and #Web3 is the new production relationship. In the new production relationship, the main issues to be addressed are: 1. The relationship of production materials (sovereign individuals). 2. Status and exchange relationships in production (roles in value creation). 3. Product distribution relationships and the consumption relationships directly determined by them (distribution issues).
Currently, in the Web2 field, AI faces many of the aforementioned old production relationship issues. Due to oligopolistic control, large tech companies have basically gained complete control over AI from the source data end, computing power end, model end, and user-facing product end. This ultimately leads to data without clear rewards and rights, lack of effective protection for user data privacy (sovereign individuals); model contributors are forced to be bound by oligopolies and cannot receive fair rewards (ambiguous roles); artificial intelligence assets cannot be fairly created, shared, and traded (unfair distribution), leading to a waste of resources and repetitive training.
Sahara AI was born to address these pain points. As a decentralized AI blockchain platform, it will reshape the future of AI, making it more transparent, secure, and accessible to everyone. It aims to reconstruct the new production relationships in the AI era!
The project has received support from top AI and Web3 investors, including Binance Labs, Pantera Capital, Polychain Capital, Sequoia Capital, Samsung, GeekCartel, Matrix Partners, etc., with the aim of building a decentralized AI blockchain platform prioritizing AI sovereignty, fairness, and accessibility, allowing everyone to own and shape the future of AI. Currently, Sahara AI has gained support and trust from over 35 leading technology innovators and research institutions, including Microsoft, Amazon, MIT, Motherson, and Snap.
It is not difficult to see that the project is transitioning from Web2 to Web3, carrying the mission and industry pains of history, and through the realization of AI sovereignty and open technology, creating an ethical, transparent, and accessible AI future for everyone. I believe that in the near future, Sahara AI will become a leading project in the #Web3+ #AI field. Let's wait and see! 🧐
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