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The DATA Foundation Launches to Tackle AI's Multi-Billion Dollar Training Data Bottleneck
Add Decrypt as your preferred source to see more of our stories on Google. Palo Alto, United States, June 25th, 2026, Chainwire Story rebrands as The DATA Foundation, launches DATA Network with flagship Kled AI integration, registering 1.5 billion user-contributed records on the platform The Foundation also introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale Today, Story announces a strategic transition to become The DATA Foundation ("DATA") and launches Trace, an onchain registry for AI training data provenance and licensing. The launch includes a flagship integration with Kled, the world's largest opt-in human data marketplace, registering 1.5 billion user-contributed records on the Network. Andrea Muttoni becomes CEO of The DATA Foundation, and Kled's founder, Avi Patel, joins in an advisor position as the Chief Data Officer. AI's Training Data Has Hit a Bottleneck The shift to DATA reflects where the market is pulling hardest. AI training data has emerged as the most valuable and least solved category of IP. Frontier AI labs have hit a multi-billion-dollar data bottleneck, where the internet has been effectively exhausted for scraping. The remaining supply is either expensive and bespoke or legally undocumented, leaving labs without a way to source data at scale, prove its provenance, or guarantee its quality. The legal stakes are rising, as frontier labs stake out market-defining products on data sourced through opaque networks, often without clear records of consent or jurisdiction. Scraped and undocumented data is no longer an option for enterprise-grade AI. Building the Infrastructure for Trusted AI Data DATA builds on the original mission to deliver a data and intellectual property (IP) layer for the internet, recognizing that the form of data and IP that is most critical in this era is AI training data. DATA Network brings essential infrastructure for training AI, anchored by a flagship integration with Kled. Starting today, Kled's licensing rails and contributor receipts run on DATA Network with added support for stable coin payouts, which involves registering a staggering 1.5 billion user-contributed records with programmatic legal safeguards. Trace Launches as the Public Audit Layer for AI Training Data Trace, The DATA Foundation's public audit and search platform, also launches today alongside the Kled integration. Trace generates immutable, confidential receipts for every contribution, allowing labs to verify the legitimacy of datasets in seconds. For every single record uploaded by users worldwide, a receipt on DATA will be generated, enabling upstream compensation for contributors' data and intellectual property. This addresses an urgent need for a verifiable and compliant AI training data market, which has become a legal and operational minefield. A Wider Contributor Network DATA's thesis was validated by Poseidon, the AI data processing project incubated by Story, which cleans, normalizes, and scores raw human data for authenticity and quality, ensuring every record that reaches a buyer is model-ready. Poseidon's early traction with frontier labs proved the AI training data opportunity. Backed by a16z and now running entirely on DATA, its contributor app Numo is live today, bringing thousands of contributors into the AI economy in exchange for real-time payouts. Token Migration and Ecosystem Continuity The $IP token migrates to $DATA one-to-one with no action required from existing holders. Migration guidance, exchange timing, and an FAQ are available here. About The DATA Foundation Data is the biggest bottleneck in frontier AI. The data models need most either sits siloed with people and companies, or doesn't exist yet, and won't, until incentives are aligned to create it. DATA Network is the world's AI audit rails built to answer the three questions every lab asks: can you source data at scale, prove where it came from, and guarantee its quality? Contributor apps including Numo and Kled supply opt-in human data; Trace gives every record a public, tamper-proof receipt; Poseidon turns it into model-ready datasets, so frontier AI can keep advancing on a foundation it can trust. $IP is now $DATA. More information available at datafdn.org. Contact HV [email protected] Disclaimer: Press release sponsored by our commercial partners.
[2]
The DATA Foundation Launches to Tackle AI's Multi-Billion Dollar Training Data Bottleneck
Palo Alto, United States, June 25th, 2026, Chainwire Story rebrands as The DATA Foundation, launches DATA Network with flagship Kled AI integration, registering 1.5 billion user-contributed records on the platform The Foundation also introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale AI's Training Data Has Hit a Bottleneck The shift to DATA reflects where the market is pulling hardest. AI training data has emerged as the most valuable and least solved category of IP. Frontier AI labs have hit a multi-billion-dollar data bottleneck, where the internet has been effectively exhausted for scraping. The remaining supply is either expensive and bespoke or legally undocumented, leaving labs without a way to source data at scale, prove its provenance, or guarantee its quality. The legal stakes are rising, as frontier labs stake out market-defining products on data sourced through opaque networks, often without clear records of consent or jurisdiction. Scraped and undocumented data is no longer an option for enterprise-grade AI. "The challenge in AI has shifted from compute and architecture to sourcing and provenance. As the scrapable web fractures, the question for labs now is who is keeping the receipts," said Andrea Muttoni, CEO of The DATA Foundation. "With Kled, we combine full data transparency and auditability with the largest pool of AI training data on the planet." Building the Infrastructure for Trusted AI Data Trace Launches as the Public Audit Layer for AI Training Data A Wider Contributor Network Token Migration and Ecosystem Continuity The $IP token migrates to $DATA one-to-one with no action required from existing holders. Migration guidance, exchange timing, and an FAQ are available here. About The DATA Foundation Contact HV [email protected] Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
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Story rebrands as the DATA Foundation and launches DATA Network with a flagship Kled AI integration, registering 1.5 billion user-contributed records. The Foundation introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale, as frontier AI labs face a multi-billion dollar data bottleneck with the scrapable internet effectively exhausted.
Story has completed a strategic transition to become the DATA Foundation, launching DATA Network alongside Trace, an onchain registry designed to track AI training data provenance and licensing
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. The launch features a flagship Kled AI integration that registers 1.5 billion user-contributed records on the platform, marking a significant step toward solving what has has become a multi-billion dollar training data bottleneck for frontier AI labs2
. Andrea Muttoni assumes the role of CEO at the DATA Foundation, while Kled's founder Avi Patel joins as Chief Data Officer in an advisory capacity.
Source: Decrypt
AI training data has emerged as the most valuable yet least solved category of intellectual property in the current AI landscape. Frontier AI labs have reached a critical data bottleneck where the internet has been effectively exhausted for scraping purposes
1
. The remaining data supply is either prohibitively expensive and bespoke, or legally undocumented, leaving labs without viable methods for sourcing and verifying AI training data at scale while proving its provenance or guaranteeing quality. Legal stakes continue to rise as frontier labs build market-defining products on data sourced through opaque networks, often without clear records of consent or jurisdiction. Scraped and undocumented data no longer meets the requirements for enterprise-grade AI development.DATA Network delivers essential infrastructure for training AI models, anchored by its integration with Kled, the world's largest opt-in human data marketplace. Starting immediately, Kled's licensing rails and contributor receipts operate on DATA Network with added support for stablecoin payouts
1
. This integration involves registering 1.5 billion user-contributed records with programmatic legal safeguards, addressing legal compliance concerns that have plagued the industry. "The challenge in AI has shifted from compute and architecture to sourcing and provenance. As the scrapable web fractures, the question for labs now is who is keeping the receipts," said Andrea Muttoni, CEO of the DATA Foundation2
.Trace, the DATA Foundation's public audit and search platform, launches today as the first public audit layer for consent, licensing, and data provenance at scale
1
. Trace generates immutable, confidential receipts for every contribution, allowing labs to verify dataset legitimacy in seconds. For every single record uploaded by users worldwide, a receipt on DATA Network is generated, enabling upstream compensation for contributors' data and intellectual property. This addresses an urgent need for a verifiable and compliant AI training data market, which has become a legal and operational minefield for data sourcing operations.The DATA Foundation's approach was validated by Poseidon project, an AI data processing initiative that cleans, normalizes, and scores raw human data for authenticity and quality, ensuring every record reaching buyers is model-ready
1
. Poseidon's early traction with frontier AI labs proved the viability of the AI training data opportunity. Backed by a16z and now running entirely on DATA Network, its contributor app Numo is live today, bringing thousands of contributors into the AI economy in exchange for real-time payouts. The $IP token migrates to $DATA token one-to-one with no action required from existing holders, ensuring ecosystem continuity as the foundation scales its operations.Summarized by
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