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PublicAI won the championship at the MIT Saudi Business Summit AI Startup Competition and received strategic funding from the Saudi government.
ChainCatcher news, Web3 AI data infrastructure platform PublicAI won the championship at the "Beyond Borders AI Entrepreneurship Competition" held during 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 validation, aiming to meet the demand for high-quality and diverse training data in the AI field. Currently, PublicAI has over 800,000 users and has achieved over $13 million in enterprise-level data collaborations. 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.