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The Defiant 2024-12-11 12:35:47

Venture Capital Firms Pile Into CryptoAI

CryptoAI has gained considerable attention recently and looks set to be one of the hottest crypto narratives next year. Crypto investment firm DWF Labs recently announced the launch of its $20 million AI Agents fund, which is dedicated to supporting the next generation of AI Agent solutions. Selected projects will receive up to $100,000 worth of cloud server credits. They will be judged on their innovative potential and ability to impact various industries, from finance and logistics to entertainment and government. “The future that we are about to enter is one where AI agents will dominate. They will become an important part of powering a more connected, efficient, and innovative world. The range of tasks and functionalities they will perform will increasingly become more connected and integrated with our daily lives,” said Andrei Grachev, managing partner of DWF Labs, in an interview with The Defiant. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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