1. Funding Amount and Investors
2. Platform Goals and Developments
3. Founders' Comments

Decentralized platform Sahara AI has raised $43 million in funding to develop an artificial intelligence and blockchain-based collaborative economy.

Funding Amount and Investors

The round was led by Pantera Capital, Binance Labs, and Polychain Capital, with participation from Samsung, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, and Foresight Ventures.

Platform Goals and Developments

Since 2022, the startup has been working on a platform that will allow onchain attribution throughout the AI development cycle, providing rewards for participants operating infrastructure, fine-tuning models, building autonomous agents, and developing applications. The platform aims to ensure the protection and transparency of AI assets using Sahara Blockchain Protocols.

Founders' Comments

According to Sean Ren, CEO and co-founder of Sahara Labs: 'Most AI today remains trapped in a Web2 paradigm where users trade their knowledge for access to AI or machine learning tools without fair compensation.' Tyler Zhou, co-founder and COO of Sahara AI, emphasized the importance of maintaining data sovereignty and transparency in the use of user data.

Sahara's testnet and mainnet are expected to go live in the coming months.