PrismaX Secures $11 million in Funding to Build AI Bots Data Ecosystem

A startup focused on the Bots intelligent platform, PrismaX, recently announced the completion of a $11 million financing round and made its debut on June 3 at a demo day under a well-known venture capital firm's crypto startup accelerator. This round of financing was led by a leading investment institution in the industry, with participation from several well-known funds and angel investors.

PrismaX was co-founded by Bayley Wang and Chyna Qu. Both founders have extensive experience in the fields of Bots technology and decentralized technology. Their goal in founding PrismaX is to build and expand foundational models to provide the core drive for breakthrough advancements in the field of physical generative artificial intelligence.

Despite the continuous influx of venture capital, the physical artificial intelligence and Bots industry has failed to establish an effective incentive mechanism that can generate high-quality, affordable data. To address this issue, PrismaX is formulating an industry-first fair use standard: allowing the data generated by driving models to yield profits, and ultimately returning these profits to the data-producing community.

Bayley Wang, co-founder and CEO of PrismaX, stated: "The scalability issue of visual datasets has hindered breakthrough advancements in Bots technology. Therefore, we are creating an ecosystem that will generate datasets containing various scenes, whose universality is far superior to centralized data. This ecosystem enhances data scalability and reduces data collection bias. Through a decentralized incentive mechanism, PrismaX will pave the way for fully autonomous Bots. Our platform will make artificial intelligence a collaborative tool for humanity, rather than a replacement. As the industry evolves, we must be clear that the talent capital required to build a sustainably scalable model is always indispensable."

PrismaX's three major advantages in the Bots industry:

1. Data: Build protocols and mechanisms to verify and incentivize the development of large-scale visual data, enabling robotics datasets to reach the same scale as text data, and achieve unprecedented breakthroughs in terms of accuracy and reliability.

2. Remote Operation: Establish unified standards for remote operation, providing one-stop turnkey service access, payment solutions, and software support, allowing Bots companies to focus on developing their own differentiated advantages.

3. Model: By collaborating with leading AI teams, we build models that drive increasingly autonomous Bots, allowing operators to replace multiple manual laborers, further unleashing the value of the PrismaX network while enhancing the quality and scale of data collection.

These stages will create a flywheel effect: large-scale data can optimize the foundational model, which in turn enhances remote control efficiency, and this will further drive the collection of real-world data, thus establishing a complete data loop.

Currently, physical artificial intelligence and Bots companies are investing significant time and funds to expand the scale of remote operation teams, yet there are few breakthrough developments. By developing a platform with robust remote operation standards, PrismaX will assist AI companies in rapidly scaling up while eliminating the costly repetitive investments caused by industry data silos.

PrismaX believes that humanoid Bots have the potential to play an important role in various fields in the future, such as folding clothes, making fast food, and managing hospital medications. The funds raised in this round of financing will be used to expand the size of PrismaX's Bots team, improve remote operation standards, and expand data collection portals, allowing the Bots company to reach remote operator groups and assist in expanding visual datasets to develop smarter machine products more quickly.

In the short term, PrismaX plans to attract artificial intelligence enthusiasts interested in novel data collection challenges and their potential impact. Contributions from participants will receive corresponding rewards, and the foundational models they build will provide valuable core datasets for Bots companies seeking training data.

By integrating partners from both the supply and demand sides, PrismaX is committed to building a communication bridge between Bots and mainstream application markets, promoting the overall development of the industry.