Dataline, a startup focused on the intersection of artificial intelligence and blockchain technology, has announced a successful funding round of $10.6 million. The capital is earmarked for the development of a decentralized data network intended to provide infrastructure for AI agents. By utilizing a decentralized framework, the company aims to change how AI systems access and process data, moving away from centralized repositories.

In addition to the funding news, Dataline confirmed its intention to conduct an Initial Coin Offering (ICO). While the company has outlined its vision for an AI-centric data network, specific details regarding the timeline of the ICO, the tokenomics of the project, or the identities of the lead investors in the $10.6 million round were not provided in the initial announcement. The project joins a growing list of crypto-native ventures attempting to integrate blockchain technology into the rapidly expanding AI sector, positioning decentralized data as a solution to the scalability and privacy challenges faced by current AI models.