Early-stage investment firm cyber•Fund has pledged to invest $100 million in projects at the intersection of blockchain and AI
ChainCatcher news, according to CoinDesk, Ethereum early investment firm Cyber.Fund has committed to invest $100 million in projects that intersect blockchain technology with artificial intelligence (AI) and the Internet of Things (IoT).
It is reported that Cyber.Fund has also invested in Cosmos, Solana, and Polkadot.
According to an email announcement on Thursday, Cyber.Fund focuses on developing a "Cybernetic economy," with blockchain as its cornerstone. The company defines Cybernetic as an interconnected automated economic framework where blockchain, artificial intelligence, and the Internet of Things converge around this framework.
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