Bagel Network: Pioneering Steps in Decentralizing AI Data Infrastructure
Revolutionizing the AI Landscape: A New Era of Data Accessibility
In a data-driven world, the scarcity of high-quality data poses a significant challenge to organizations seeking to harness the power of AI. Bagel Network, a groundbreaking decentralized Machine Learning data network, is poised to transform this landscape by introducing a revolutionary two-sided marketplace. This platform empowers machine learning engineers, researchers, and AI agents to seamlessly exchange data, fostering collaboration and democratizing access to AI data.
With a successful pre-seed fundraise round of $3.1 million USD led by CoinFund, Bagel Network is set to redefine the AI data infrastructure. This funding will fuel internal operations and drive the development of its data ecosystem, paving the way for a more inclusive and accessible AI landscape.
Bridging the Data Divide: Uniting Human and Artificial Intelligence
Currently, a handful of large entities control a substantial portion of data, creating a barrier for smaller organizations to access high-quality datasets and benefit from AI advancements. Bagel Network addresses this disparity by creating a two-sided marketplace where data can be built, traded, and licensed seamlessly.
This innovative platform enables machine learning engineers, researchers, and AI agents to engage in collaborative data exchange, respecting privacy while fostering unity between human and artificial intelligence. Autonomous AI agents can engage trustlessly in this marketplace, accelerating the development of self-developing Artificial General Intelligence.
Verifiable Data Integrity: Ensuring Responsible and Expansive Data Evolution
Bagel Network recognizes the importance of data integrity and responsible data evolution. The platform prioritizes verifiable data integrity, ensuring that data is accurate, reliable, and used responsibly. This commitment to data quality promotes responsible AI development and fosters trust among users.
By emphasizing data integrity, Bagel Network aims to prevent the misuse of data and mitigate potential biases. This focus on responsible data evolution aligns with the growing demand for ethical and accountable AI practices.
Bidhan Roy: A Visionary Leader at the Helm
Bidhan Roy, the Founder and CEO of Bagel Network, brings a wealth of experience in software engineering, data, and machine learning to the forefront. Prior to establishing Bagel, he held a leadership position in Amazon’s Alexa machine learning team and boasts over a decade of experience as a software engineer for prominent tech companies.
Roy’s extensive background and passion for AI and data accessibility have shaped Bagel Network’s mission. His vision for a future where high-quality, planet-scale machine learning data is accessible to both humans and artificial intelligence serves as the driving force behind the company’s innovative approach.
Jake Brukhman: Embracing the Convergence of Web3 and AI
Jake Brukhman, Founder and CEO of CoinFund, expressed enthusiasm for Bagel Network’s venture, recognizing the critical need for a comprehensive infrastructure that supports open, collaborative, and privacy-preserving access to data for AI systems.
Brukhman acknowledges Bagel Network’s pioneering role in combining web3 and AI to create a data domain that fosters open, decentralized innovation in AI. He commends the team’s revolutionary approach and expresses CoinFund’s excitement in supporting their mission.
Advancing Capabilities: Meeting the Demands of a Rapidly Changing Technological Landscape
The $3.1 million pre-seed round underscores Bagel Network’s commitment to advancing its capabilities and meeting the evolving needs of the AI ecosystem. The funding will enable the company to expand its operations, accelerate platform development, and ensure a robust and cutting-edge infrastructure that supports the demands of a rapidly changing technological landscape.
Bagel Network’s dedication to innovation positions it as a key player in the transformation of AI data infrastructure. By promoting accessibility, collaboration, and responsible data evolution, the company aims to unlock the full potential of AI and empower organizations of all sizes to harness the power of data.
Conclusion: A New Era of AI Data Exchange
Bagel Network’s mission to redefine the AI data landscape marks a significant step towards democratizing access to data and fostering collaboration among diverse stakeholders. With its two-sided marketplace, the company creates a platform where machine learning engineers, researchers, and AI agents can seamlessly exchange data, advancing the development of AI technologies.
The company’s emphasis on verifiable data integrity ensures responsible data evolution and promotes trust among users. Led by the visionary Bidhan Roy and supported by CoinFund’s belief in the convergence of web3 and AI, Bagel Network is poised to revolutionize the way data is accessed, shared, and utilized in the AI ecosystem.