Grayscale, a digital asset management company, announced today the launch of a private equity fund product focusing on "decentralized artificial intelligence", which is limited to qualified investors.
We’re pleased to announce the launch of our newest private placement investment product, Grayscale Decentralized AI Fund. Available to eligible accredited investors.$NEAR $RNDR $FIL $LPT $TAOSee important disclosures or speak directly to a team member: https://t.co/gYetdms280 pic.twitter.com/OvNhec95io
— Grayscale (@Grayscale) July 17, 2024
It is reported that the fund consists of a basket of cryptocurrencies in the AI track, and the fund will be rebalanced every quarter. The specific currencies and weight ratios are as follows:
Bittensor (TAO)，2.92%
Filecoin (FIL)，30.59%
Livepeer (LPT)，8.64%
Near (NEAR)，32.99%
Render (RNDR)，24.86%
Grayscale wrote in a press release that the fund will focus on funding projects in three areas:
Chatbots, generated images, and other decentralized AI applications.
Solve centralized AI problems such as deepfakes, error messages, and bot verification.
AI-related infrastructure, such as GPU computing, data storage, decentralized markets and other services.
Rayhaneh Sharif-Askary, Grayscale’s head of product and research, said in a statement:
“Since its establishment in 2013, the rise of disruptive technologies has created compelling opportunities for Grayscale’s investors, and we believe the launch of the Grayscale Decentralized AI Fund can provide investors with the opportunity to invest in the earliest stages of decentralized AI. Chance."
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