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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Bots intelligent platform startup PrismaX completes $11 million financing, led by a16z CSX.
Gate News bot message, the intelligent platform startup PrismaX has announced its official establishment and completion of a $11 million financing round, led by a16z CSX, with follow-on investments from the Stanford Blockchain Accelerator Builder Fund, Symbolic, Volt Capital, Virtuals Protocol, and other angel investors. After the completion of this financing round, PrismaX officially launched on June 3rd during the a16z CSX demo day.
PrismaX was founded by Bayley Wang and Chyna Qu, both of whom have extensive experience in robotics and decentralized technologies. Their original intention in founding PrismaX was to build and expand foundational models to drive breakthrough advancements in physical generative artificial intelligence.
According to reports, PrismaX is developing what is said to be the industry's first standard for fair use of data, which stipulates that the data used to support models will generate revenue, and then this revenue will be returned to the community that created the data.
The funds raised from this financing will be used to expand PrismaX's fleet, improve its remote operation standards, and expand its data collection portal, enabling the Bots company to access the remote operator community, helping them to expand visual datasets and build smarter machines more quickly.