TechFlow reported, according to The Block, Grayscale has announced the official launch of its new decentralized AI fund company, Grayscale Decentralized AI Fund LLC, aimed at advancing AI investments within the cryptocurrency industry. The fund will focus on three key areas: artificial intelligence services, addressing issues related to centralized AI usage, and developing AI-related infrastructure.
The first batch of projects included in the fund are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Rayhaneh Sharif-Askary, Head of Products and Research at Grayscale, stated that the fund embodies the principles of decentralization, accessibility, and transparency, helping to mitigate risks associated with AI technologies.
