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

Music tech studio CreateSafe has officially launched its generative AI-powered platform Triniti in open beta. Triniti lets artists create AI voice clones, generate text-to-audio samples, get assistance monetizing and managing music IP or interact with a chatbot on industry-specific music questions. The company has raised $4.6 million in a seed round led by cryptocurrency and blockchain investment firm Polychain Capital to further develop Triniti. Crush Ventures, hip hop music manager Anthony Saleh, and Paris Hilton’s 11:11 Media also participated in the funding round. Continue reading Voice Cloning Startup CreateSafe Introduces GenAI Platform

Several cryptocurrency companies and their advocates have formed the Blockchain Association, the first-ever Washington, DC-based lobbying group to represent the fledgling industry and its investors and entrepreneurs. Among the companies behind the association are Coinbase, Circle and technology startup Protocol Labs, as well as investors Digital Currency Group and Polychain Capital. Kristin Smith, who lobbied on blockchain for Overstock.com when it began accepting bitcoin in 2014, will lead the group. Continue reading Cryptocurrency Industry Sets Up Washington Lobbying Group