Get the latest tech news
Carbon Arc offers a marketplace for buying and selling licensed, real world transaction data to power LLMs and enterprise applications
Instead of committing to bulk data contracts, businesses can consume only the insights they need, reducing operational overhead.
Instead, we’re undergoing years of court battles and well reported pieces documenting how AI providers (among other companies) have scraped the web for their data in apparent disregard, and potential violation, of copyright. That’s the thinking behind Carbon Arc, a new startup emerging from stealth today with $55 milllion in seed funding led by Liberty City Ventures, with participation from K5 Global, Raptor Group, and Wasserman Media GroupAI Data Utility and real-time Insights Exchange. The company was founded in March 2021 with a simple but ambitious idea: “For all the data that exists in the world, very little of it makes it into the hands of decision-makers,” said Kirk McKeown, Carbon Arc’s Co-founder and CEO, in an interview with VentureBeat conducted in a cafe in New York City last week.
Or read this on Venture Beat