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Sahara AI aims to disrupt the tech corporations' monopoly in the AI landscape by introducing a decentralized collaborative economy. It enables users to monetize their AI assets or valuable data while providing machine learning businesses with access to these datasets to execute various tasks in exchange for a fee paid to the network.
On August 14th, 2024, Sahara AI closed a $37M Series A funding round with participation from Pantera Capital, Polychain Capital, Binance Labs, Samsung Next, and others. The founders did not disclose the structure or exact purpose of the raised funds.