Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui
60-second summary
DATA Network receives a $30 million investment from the Sui Foundation as it migrates its AI data protocol to run natively on Sui, prompting retirement of its independent chain. The funding accelerates development of on‑chain data marketplaces and incentivizes validators, while the shift signals increased demand for scalable, low‑cost infrastructure, boosting Sui’s ecosystem relevance.
DATA Network is set to be upgraded to run as a protocol natively on Sui, and its independent chain will be retired.