Palo Alto-based startup PIP Labs announced an $80 million funding round for Story Protocol, a blockchain platform to track intellectual property rights in the era of artificial intelligence and the data scraping that enables model training. CEO and co-founder Seung Yoon “SY” Lee says the company aims to create a more sustainable IP environment for digital consumers and builders. The raise, led by Andreessen Horowitz (a16z) and Polychain Capital, values the startup at $2.25 billion. The move comes after Sahara AI announced it raised $43 million this month to fund a blockchain-based IP tracking system. Continue reading Story Raises $80M to Create Blockchain-Based IP Protection