The Grayscale Decentralized AI Fund LLC was started by Grayscale Investments, which is the most significant crypto asset provider in the world. Investors in this new fund will be able to see decentralized artificial intelligence (AI) methods in the crypto sector.
It will be rebalanced every three months and include crypto assets that focus on AI, such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).
Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said, “The rise of disruptive technologies has created compelling opportunities for Grayscale’s investors since our founding in 2013.”
Grayscale Promotes Decentralized AI
We think that the start of the Grayscale Decentralized AI Fund gives people a chance to invest in decentralized AI when it is still in its early stages. She said that blockchain-based AI systems offer decentralization, accessibility, and openness, which lower the risks that come with AI technology.
The fund’s main goals are to create autonomous AI services, fight problems like deep fakes and false information, and build AI-related infrastructure like GPU computing and data storage.
Decentralized AI wants to use blockchain technology to spread ownership and control of AI services. This would allow more people to use them and be more open about what’s going on. Right now, only a few major businesses control AI.
The fund is open to qualified investors and gives people who want to diversify their portfolios with decentralized AI a new way to do so.
