According to Foresight News, AI data infrastructure company AIT Protocol has announced the completion of a new funding round. Participants in the round included MorningStar Ventures, Megala Ventures, Contango Digital Assets, Momentum 6, BasementDAO, Alpha Protocol Ventures, and several angel investors. The specific amount raised has not been disclosed.
AIT Protocol's blockchain-based Web3 data infrastructure is primarily used for data annotation and AI model training. It allows crypto users to participate in 'Train-To-Earn' tasks and contribute to AI model development and training while receiving rewards.