ETH - Cyber Fund Launches $100M Venture Initiative To Accelerate AI Blockchain Products | Benzinga
Investment firm Cyber Fund has established a new venture capital division worth $100 million, to accelerate projects that merge blockchain technology and artificial intelligence (AI).
Starting with Ethereum (CRYPTO: ETH), the firm — spearheaded by ETH investors and entrepreneurs Konstantin Lomashuk and Vasiliy Shapovalov — has invested in over 150 projects, including Dfinity, Cosmos (CRYPTO: ATOM), Solana (CRYPTO: SOL), and Celestia (CRYPTO: TIA).
Cyber Fund has not only funded but also created products in the ...