Blockchain Data Warehouse Space and Time Raises $20M Series A to Accelerate Development of AI Tools
Briefly

from Coindesk4 months ago
Space and Time (SxT) aims to decentralize data ownership for AI applications, addressing the risk of dominance by powerful entities in the growing AI sector.
Coindeskhttps://www.coindesk.com/business/2024/08/27/blockchain-data-warehouse-space-and-time-raises-20m-series-a-to-accelerate-development-of-ai-tools/
With $20 million in Series A funding, SxT's total backing reaches $50 million, led by prominent venture firms like Framework Ventures and Lightspeed Faction.
Coindeskhttps://www.coindesk.com/business/2024/08/27/blockchain-data-warehouse-space-and-time-raises-20m-series-a-to-accelerate-development-of-ai-tools/
SxT's unique approach combines blockchain data from Bitcoin and Ethereum with off-chain datasets, utilizing a zero-knowledge coprocessor for scalable data processing.
Coindeskhttps://www.coindesk.com/business/2024/08/27/blockchain-data-warehouse-space-and-time-raises-20m-series-a-to-accelerate-development-of-ai-tools/
SxT strives for equal access to data, which is crucial for the healthy evolution of AI applications and competition within the tech industry.
Coindeskhttps://www.coindesk.com/business/2024/08/27/blockchain-data-warehouse-space-and-time-raises-20m-series-a-to-accelerate-development-of-ai-tools/
Read at Coindesk
#blockchain #artificial-intelligence #data-ownership #funding #decentralization
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