Grayscale launches new decentralized artificial intelligence fund

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Cointime2024/07/17 13:50

By:Cointime

Cryptocurrency asset management company Grayscale is launching a new fund, Grayscale Decentralized AI Fund LLC, which focuses on decentralized artificial intelligence and aims to strengthen the cryptocurrency industry's investment in AI. The fund will support three key areas: AI services, addressing issues related to centralized AI use, and developing infrastructure related to AI. As of its launch today, the fund's basket already includes decentralized AI projects such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Near, Filecoin, and Render are the highest-weighted assets in the fund.

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