How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
Summary
The venture-backed startup DATA is shutting down its proprietary blockchain network to migrate onto the Sui ecosystem. Alongside this platform shift, the firm secured a thirty million dollar funding injection to concentrate entirely on artificial intelligence training data.
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data.
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