PrismaX raises $11 million in funding to create an AI Bots data ecosystem.

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PrismaX completes $11 million financing to create AI Bots data ecosystem

The startup PrismaX in the field of intelligent robotics recently announced the completion of a $11 million financing round and made its official debut at a demo day of a well-known venture capital firm's crypto startup accelerator. This round of financing was led by leading investment institutions, with participation from several well-known funds and angel investors.

PrismaX was co-founded by two founders with extensive experience in robotics and the decentralized field. Their goal is to build and expand foundational models to provide the core driving force for breakthrough advancements in the field of physical generative artificial intelligence.

Despite the continuous influx of venture capital, the physical artificial intelligence and Bots industry has been facing challenges in acquiring high-quality, affordable data. To address this issue, PrismaX is developing innovative fair use standards: allowing the data that drives models to generate revenue and ultimately give back to the data producers.

The co-founder and CEO of PrismaX stated: "The scalability issue of visual datasets hinders breakthrough advancements in robotics technology. We are creating an ecosystem that will generate datasets containing various scenes, with a universality far superior to centralized data. This ecosystem enhances data scalability and reduces data collection bias. Through a decentralized incentive mechanism, PrismaX will pave the way for fully autonomous robots. Our platform will make artificial intelligence a collaborative tool for humanity rather than a replacement."

The three main advantages of the PrismaX platform in the Bots industry are:

  1. Data: Build protocols and mechanisms to verify and incentivize the development of large-scale visual data, enhancing the scale, precision, and reliability of Bots datasets.

  2. Remote Operations: Establish unified standards for remote operations, providing one-stop service access, payment solutions, and software support, allowing Bots companies to focus on developing their differentiated advantages.

  3. Model: Collaborate with leading AI teams to build models that drive increasingly autonomous Bots, enhancing operational efficiency and data collection quality.

These processes will create a virtuous cycle: large-scale data optimizes the basic model, enhances remote control efficiency, promotes further collection of real-world data, and builds a complete data loop.

How does PrismaX, led by a16z, use tokens to build the "data flywheel" of AI Bots?

The vision of PrismaX is to promote humanoid Bots to step out of the laboratory and play a greater role in daily life. From household chores to medical care, Bots are expected to have a significant impact in various fields in the future. This round of financing will be used to expand the team size, improve remote operation standards, and expand data collection channels, helping Bots companies to develop smart products more quickly.

In the short term, PrismaX plans to engage artificial intelligence enthusiasts in data collection challenges to provide valuable training datasets for Bots companies. By connecting both supply and demand sides, PrismaX is committed to building a communication bridge between Bots and mainstream application markets, promoting the overall development of the industry.

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GasFeeNightmarevip
· 7h ago
Bots play people for suckers again.
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RunWhenCutvip
· 07-29 16:29
Play people for suckers and run, little suckers.
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DegenGamblervip
· 07-29 16:25
Another AI financing scheme?
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MidnightSnapHuntervip
· 07-29 16:23
A bit of water, 11 million USD is very little.
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0xTherapistvip
· 07-29 16:17
It's okay, finally raised some funds.
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DaoGovernanceOfficervip
· 07-29 16:10
*sigh* just another data governance theater... call me when they implement proper quadratic validation
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MondayYoloFridayCryvip
· 07-29 16:10
What’s the point of financing? I’ve lost so much that it’s numb.
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