**Sahara AI Raises $43M to Revolutionize AI and Blockchain**
Decentralized platform Sahara AI has secured $43 million in funding to develop a collaborative economy powered by AI and blockchain. Leading the investment were Pantera Capital, Binance Labs, and Polychain Capital, with contributions from Samsung, Matrix Partners, and others.
Since 2022, Sahara AI has been working on a platform that ensures onchain attribution throughout the AI development cycle. This means participants can earn rewards for various contributions, from operating infrastructure to developing applications.
CEO Sean Ren highlighted the lack of transparency in current AI models and emphasized Sahara's commitment to a secure, transparent framework for managing AI assets on the blockchain. This includes solutions for tracking assets, licensing, ownership, and revenue distribution.
Co-founder Tyler Zhou, also an investment director at Binance Labs, noted that the team began addressing these challenges in early 2022. Sahara’s testnet and mainnet are set to launch soon, promising a new era of fairness and inclusivity in AI development.