Reppo Labs raised 2.2 million USD to develop a Data Exchange to enhance collaboration between data owners and AI agents. The platform aims to facilitate direct negotiations, ensuring fair compensation and addressing dwindling data sources crucial for AI growth.
CEO Raghav (RG) Rmadya emphasized concerns over the decline of data sources vital for AI, calling the current state unsustainable. The goal is to create a sustainable framework for data access, shifting away from reliance on intermediaries, as discussed at NeurIPS last year.