Grayscale, an asset manager, has introduced a new crypto fund focusing on decentralized artificial intelligence protocols. The Grayscale Decentralized AI Fund, announced on July 17, includes tokens like Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). This fund is exclusive to accredited investors. The fund's strategy revolves around three key categories: protocols for decentralized AI services, solutions to centralized AI issues, and AI infrastructure development. TAO, FIL, LPT, NEAR, and RNDR make up the fund's assets. Various Web3 protocols are merging AI and blockchain technology. Bittensor offers a platform for AI model creation, while Filecoin provides decentralized data storage for AI. Livepeer is a video streaming network using AI, and Render is a GPU network for AI tasks. Grayscale's initiative reflects the growing intersection of AI and crypto in the market. Read more AI-generated news on: https://app.chaingpt.org/news