Sahara AI, a company co-founded in 2023 by Sean Ren, an associate professor in computer science at the USC Viterbi School of Engineering, has raised $43 million to pursue its goal of widely implementing a platform to ensure IP-owners are compensated in the age of generative AI. Ren, who launched the company with former Binance Labs Investment Director Tyler Zhou, says the funding will be used to expand its team and further develop a decentralized AI blockchain platform that recognizes and tracks copyrighted assets, ultimately establishing a system of credit and compensation for work that contributes to model training. Continue reading AI Startup Co-Founded by USC Professor Raises New Funding

With 950 million active users, messaging app Telegram is planning to launch an in-app browser that supports Web3 along with an app store, according to founder Pavel Durov. Telegram, which launched in 2013, is expected to surpass 1 billion users this year and may hit profitability in 2025, Durov has said. Though the global platform is known for encrypted private communications, it has recently seen a surge of growth among mini-apps and games and has a thriving community built around crypto rewards. Now, Binance Labs has led an investment in Pluto Studio, developer of the Telegram-based game “Catizen.” Continue reading Messaging App Telegram Planning App Store, Pushes Web3