17 Articles
17 Articles
Sui Foundation Invests $30 Million In DATA Network’s AI Data Infrastructure
Key Points $30 million investment: Sui Foundation is investing in DATA Network and will become its largest institutional holder alongside PIP Labs and DATA Foundation. Migration to Sui: DATA Network will transition to a native protocol on Sui, retire its independent chain and move existing DATA tokens at a 1:1 ratio. AI data infrastructure: DATA […]
Sui Foundation will allocate USD 30 million to DATA Network, which will leave its independent network behind to operate as a native Sui protocol. The alliance also incorporates Walrus as a default storage and places Trace in the center, a tool that records the provenance and rights of data use to train artificial intelligence.
Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui
DATA Network is set to be upgraded to run as a protocol natively on Sui, and its independent chain will be retired.
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