Grayscale launches new decentralized artificial intelligence fund
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Spot Exchange Traded Funds (ETFs) Continue to Inflow, Ethereum ETFs Exit! Here Are the Details
Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a strong total net inflow of $255 million.
Veteran Analyst Peter Brandt: "XRP Is Ready for a Big Rally, But on One Condition!"
Veteran analyst Peter Brandt has claimed that the XRP price is set for a parabolic rise.
Another Giant Company Listed on Nasdaq Added Bitcoin (BTC) and Ethereum (ETH) to Its Balance Sheet!
Nasdaq-listed giant company Cosmos Health announced that it has added Bitcoin and Ethereum to its balance sheet.
Why Isn't Ethereum Price Rising As Much As It Used To? What's Expected for ETH by the End of the Year? Analyst Explained!
Amberdata executive says Ethereum has only a 10% chance of breaking the $4,000 barrier by the December 27 options expiration.