According to Foresight News, Grayscale announced the launch of a new fund focused on decentralized artificial intelligence, Grayscale Decentralized AI Fund. The fund will be readjusted every quarter. As of today’s release, the decentralized artificial intelligence projects that have been included in the fund’s basket include Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR) and Render (RNDR). Near, Filecoin and Render are the assets with the highest weights in the fund, respectively.

 

The fund will focus on projects in three areas: chatbots, image generation and other decentralized AI uses; projects that address centralized AI problems, such as deep fakes, misinformation and verification bots; and AI-related infrastructure, such as GPU computing, data storage, decentralized marketplaces and other services.