PublicAI won the championship at the MIT-Saudi Business Summit AI Entrepreneurship Competition
ChainCatcher news, the Web3 AI data infrastructure platform PublicAI won the championship at the "Beyond Borders AI Startup Competition" held at the 2025 MIT Saudi Business Summit, receiving strategic funding support from the Saudi government.The summit is hosted by the Massachusetts Institute of Technology (MIT) and co-organized by the Saudi Ministry of Communications and Information Technology, the Ministry of Investment, the Ministry of Environment, Water and Agriculture, and InspiredU, a subsidiary of Saudi Telecom Company (STC), aiming to promote global innovation in close alignment with Saudi Arabia's "Vision 2030." PublicAI co-founder Kenji Narushima stated, "This award not only validates that our fair and decentralized data model is key to the future development of AI but also provides a viable path for building ethical AI technology and addressing global poverty through AI."It is reported that PublicAI adopts a decentralized model for data collection, labeling, and verification, aiming to address the demand for high-quality and diverse training data in the AI field. Recently, it has also received support from organizations such as the Solana Foundation, Stanford Blockchain Accelerator, and Near Foundation, gradually becoming an emerging underlying infrastructure for the AI economy.