TechFlow reported, according to CoinDesk, that Ethereum early investor Cyber.Fund has pledged $100 million toward projects at the intersection of blockchain technology with artificial intelligence (AI) and the Internet of Things (IoT).
Cyber.Fund has previously invested in Cosmos, Solana, and Polkadot. According to an email announcement on Thursday, Cyber.Fund focuses on developing a "Cybernetic Economy," with blockchain as its cornerstone.
The firm defines Cybernetic as an interconnected automated economic framework where blockchain, AI, and IoT converge and integrate with each other.
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