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Story raises $80M for blockchain-based IP network to address creative ownership in the AI era - SiliconANGLE
Programmable IP Labs, the core contributor to the intellectual property-tracking blockchain network Story Protocol, today said it raised $80 million in new funding led by a16z crypto. The Series B round brought the total raised by PIP to $140 million including $54 million from a previous round
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IP-Focused Blockchain Startup Story Protocol Raises $80M
With AI creating new issues regarding theft of intellectual property, San Francisco-based startup Story Protocol raised an $80 million Series B to try to solve the increasing problem. The new round was led by Andreessen Horowitz, with participation from Polychain and others. Founded in 2022, Story
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Story raises $83M at a $2.25B valuation to build a blockchain for the business of content IP in the age of AI | TechCrunch
Companies like OpenAI, Anthropic and Stability AI have faced a lot of heat over how they have scraped and mis-used intellectual property owned by others when training and operating their foundational AI models. Now, a startup called Story that is building a blockchain-based platform to help IP
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Blockchain Startup Story Raises $80 Million to Protect Intellectual Property From AI
The San Francisco-based firm announced the financing Wednesday (Aug. 21) on social platform X, saying it would use the money to help it build a blockchain designed to prevent artificial intelligence companies from unwarranted use of creators' intellectual property (IP), which Story referred to as
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Story Protocol Raises $80 Million in Bid to Shake Up IP Ownership in the AI Era - Decrypt
PIP Labs unveiled $80 million in Series B funding Wednesday to flesh out Story Protocol, a layer-1 network for licensing and maintaining intellectual property in the digital era. If crypto's pioneers sought to cut out financial intermediaries from online transactions, then Story has taken aim at a
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Andreessen Horowitz leads $80 million bet on startup seeking to tame AI with copyright
The arrival of the internet unleashed a wave of creativity as users found new ways to make and mix culture, but it also delivered an economic blow to authors, musicians and news outlets. Much of the revenue that had once flowed to content producers got gobbled by tech platforms like Facebook and
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Startup using blockchain to prevent copyright theft by AI is valued over $2 billion after fresh funding
Generative AI models require huge amounts of training data to enable their systems to produce advanced outputs. But the data that goes into them is often from sources where copyright restrictions are in place. San-Francisco-based startup Story said Wednesday that it raised $80 million of funding
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Story Protocol, a blockchain-based startup, has secured $80 million in funding to address intellectual property challenges in the age of AI. The company aims to create a decentralized network for managing and protecting creative content ownership.

Story Protocol, a blockchain startup focused on intellectual property (IP) management, has successfully raised $80 million in a funding round led by Andreessen Horowitz (a16z) crypto
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. The investment values the company at an impressive $2.25 billion, highlighting the significant interest in addressing IP challenges in the era of artificial intelligence3
.Story Protocol is developing a decentralized network that aims to revolutionize how creative content ownership is managed and protected. The company's blockchain-based solution is designed to provide a transparent and efficient system for tracking, managing, and monetizing intellectual property
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.With the rapid advancement of AI technologies, concerns about intellectual property rights have become increasingly prevalent. Story Protocol's platform seeks to address these issues by offering creators a way to establish clear ownership and control over their work in the digital realm
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.The Story Protocol platform includes several innovative features:
These features are designed to empower creators and rights holders in the digital age, providing them with greater control over their intellectual property
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The substantial funding round, which included participation from notable investors such as Sequoia Capital, Coinbase Ventures, and Polygon, demonstrates strong industry support for Story Protocol's vision. The company plans to use the funds to further develop its technology, expand its team, and accelerate the adoption of its platform across various creative industries
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.Story Protocol's blockchain-based solution has the potential to significantly impact how intellectual property is managed in creative industries such as film, music, literature, and digital art. By providing a decentralized and transparent system for IP management, the platform could help reduce disputes, streamline licensing processes, and ensure fair compensation for creators
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