Is a $30 Million Sui Deal Enough to Redefine a16z-Backed DATA’s Strategy?

TL;DR DATA is retiring its proprietary blockchain after securing a $30 million investment from the Sui Foundation, redirecting resources toward AI training data infrastructure. Its Trace platform records data origins, contributor permissions, and licensing activity, addressing transparency issues in the growing AI industry. The migration provides access to Sui-based storage and encryption tools, while existing ... Read more

Source: Crypto Economy