Binance Labs, the venture capital and incubation arm of Binance, has announced a strategic investment in Sahara AI, a pioneering decentralized blockchain platform designed to foster an open and equitable AI ecosystem.
This investment highlights Binance Labs’ commitment to supporting groundbreaking technologies that address real-world challenges and drive sustainable business outcomes. Sahara AI aims to create a collaborative AI economy that ensures the security, equity, and accessibility of AI technologies, benefitting individuals and businesses alike.
Revolutionizing AI with Decentralization
Sahara AI stands out as the first decentralized AI blockchain platform focused on empowering participants through equitable distribution of AI advancements. The platform guarantees that contributors are fairly rewarded, data and model sovereignty is preserved, and AI assets are securely managed, all while upholding privacy and promoting inclusivity.
The platform is already trusted by over 35 enterprise clients, including major names such as Microsoft, Amazon, MIT, Motherson Group, and Snap. Sahara AI is using the investment to expand its team, enhance the capabilities of its AI-native blockchain, and further develop its developer ecosystem.
Statements from Key Figures
Yi He, Co-Founder of Binance and Head of Binance Labs, expressed enthusiasm about the investment: “Binance Labs is dedicated to empowering founders in Web3 who have the potential to build innovative tech solutions and create sustainable, lasting impact. We look forward to backing Sahara AI as they pioneer a decentralized AI blockchain platform, reshaping the future of AI to be more transparent, secure, and accessible for everyone.”
Professor Sean Ren, CEO of Sahara Labs, also shared his excitement: “At Sahara AI, we’re building a collaborative AI economy where everyone can contribute to and benefit from the future of AI. We are grateful to have Binance Labs join us on this journey. Their support and expertise will be instrumental in realizing our vision of a more open, equitable, and transparent AI landscape.”
About Sahara AI
Sahara AI is a decentralized AI blockchain platform that prioritizes the sovereignty and provenance of AI, ensuring security, equity, and accessibility for all users. The platform is supported by top investors in AI and crypto, including Pantera Capital, Binance Labs, Polychain Capital, Sequoia Capital, Samsung, and Matrix Partners, among others. Sahara AI continues to push the boundaries of decentralized AI and is trusted by leading tech innovators and research institutions.
