Digital Currency Group (DCG) has introduced Yuma, a subsidiary aimed at boosting startups in decentralized intelligence projects using Bittensor's infrastructure. This strategic move by DCG, led by Barry Silbert, merges the growing sectors of crypto and AI. Yuma's goal is to provide startups and enterprises with the necessary resources to develop applications on Bittensor's open AI network. Bittensor operates as a decentralized AI network where global contributors can create, train, and access ML models. Yuma, as a validator, miner, and subnet developer, supports various subnets within Bittensor. Additionally, Grayscale, a DCG parent company, launched a decentralized AI fund tracking tokens like TAO and created a trust solely focused on TAO. The crypto industry has seen AI emerge as a profitable sector this year, as reported by Coingecko. Despite legal scrutiny from the SEC, tokens have shown mixed fortunes against Bitcoin. It is important to conduct thorough research before engaging in cryptocurrency trading. Read more AI-generated news on: https://app.chaingpt.org/news