Paris Hilton, a16z back IP ownership network Story Protocol

Andreessen Horowitz, Paris Hilton, and Samsung invest $54M in Story Protocol, a new blockchain IP network.
Story Protocol helps creators monitor and monetize content amidst AI-generated fakes.
Network launching 2024 to serve as repository for registering text, image, audio IP rights.
Comes as platforms grapple with policing deepfakes and copyright infringement from AI.
Funding to aid Story Protocol's launch in early 2024 and establish it as hub for creator IP rights.

cointelegraph.com

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9/18/2023

AI Content Startup Writer Raises $100M, Valued at $500M Amid Investment Craze

San Francisco-based AI startup Writer has raised $100 million in a funding round led by Iconiq Growth, bringing its valuation to $500 million, and aims to help businesses use large language models to generate content across different departments.