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AI Data Hub, a newly established platform for training artificial intelligence, secures $5 million in pre-seed funding.

US-based tech firm droppGroup, specialized in AI and blockchain, raises $5 million in pre-seed funding for Data Guardians Network (D-GN). This platform offers trustworthy and ethically obtained training data. The investment was spearheaded by Saudi businessman Hamoud Al-Rumayyan and crypto...

Artificial Intelligence Data Platform, Data Guardians Network, Successfully Secures $5 Million in...
Artificial Intelligence Data Platform, Data Guardians Network, Successfully Secures $5 Million in Pre-Seed Funding for Its AI Training Operations

AI Data Hub, a newly established platform for training artificial intelligence, secures $5 million in pre-seed funding.

DroppGroup Invests $5 Million in Ethical AI Data Platform D-GN

Data Guardians Network (D-GN), a pioneering platform providing accurate and ethically sourced training data for AI systems, has secured a $5 million pre-seed funding round led by droppGroup, Saudi businessman Hamoud Al-Rumayyan, and Hub Culture.

The investment will primarily be used to expand D-GN's operations in the MENA region, Latin America, and Southeast Asia. The company aims to scale its decentralized data collection platform, enhancing its capability to provide ethical, accurate, and traceable AI training data sourced through global human input.

D-GN's founder and CEO, Johanna Cabildo, believes that this partnership will provide the necessary infrastructure to scale ethical data at a global level. Cabildo's vision for D-GN is to ensure that everyday people, not just invisible labor, benefit from the future of AI.

Faisal Al Monai, Chairman of droppGroup, considers D-GN's approach to ethical AI and labor standards as a significant differentiator. He believes that D-GN solves a significant industrial problem by transforming global human input into an auditable, tokenized data engine for AI systems. Al Monai also sees D-GN's technology as a core pillar of the future AI stack for all droppGroup's clients.

Hamoud Al-Rumayyan, one of the investors in D-GN, emphasizes the importance of building an inclusive digital economy in line with Saudi Vision 2030. He believes that D-GN offers a new model where everyday people can have a stake in the future of AI.

The partnership between D-GN and droppGroup is seen as a step towards a more inclusive digital economy. D-GN's technology is based on a decentralized contributor model with on-chain traceability and payments in Tether's USDT, ensuring fair compensation for contributors.

In addition to geographic scaling, D-GN aims to grow its multimodal datasets and integrate further with open-source and enterprise AI frameworks. This strategic expansion is part of strengthening ethical AI infrastructure, benefiting from blockchain transparency, stablecoin rewards, and decentralized governance mechanisms.

The investment in D-GN by droppGroup is seen as a strategic move due to Meta's significant investment in Scale AI. DroppGroup, a US-based AI and blockchain solutions company, has completed this funding round to support D-GN's mission of ensuring that ethical AI development benefits everyday people, not just the few.

[1] Investment in Ethical AI Data Platform D-GN [2] D-GN Expands Operations with $5 Million Funding Round

Note: This article is based on the provided bullet points and does not contain any additional opinions or unrelated information.

  1. DroppGroup's investment in Ethical AI Data Platform D-GN is expected to propel the expansion of D-GN's operations, particularly in the MENA region, Latin America, and Southeast Asia, as well as stimulate the development and scaling of AI systems through the use of ethical, accurate, and traceable data sourced from a global contributor base.
  2. As droppGroup invests $5 million in D-GN, the partnership between the two entities aligns with Saudi Vision 2030, fostering an inclusive digital economy, and leveraging artificial intelligence, blockchain, and tokenized data to empower everyday people to benefit from the future of AI.

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