USC Professor Lands $43 Million in Funding for AI Startup

Sahara AI, a startup co-founded by a University of Southern California associate professor, has raised $43 million as it seeks to address thorny copyright and privacy issues surrounding artificial intelligence technology.

The Series A funding was led by Pantera Capital and Polychain Capital and included investors such as Samsung, Matrix Partners, Nomad Capital as well as angel investors and founders from the industry, the startup said in a statement on Wednesday. It will deploy the capital to expand its team of experts and develop its technology.

The Los Angeles-based startup is building an AI platform that incorporates technology ...