JDI Group and Tensor jointly launched a $20 million Phoenix AI ecosystem fund
ChainCatcher news, according to Chainwire, the DePIN investment and hardware manufacturing group JDI has jointly invested $20 million with the artificial intelligence trading and technology company Tensor to establish the Phoenix AI Ecosystem Fund. Half of the fund will be used to invest in, incubate, and nurture new DApps and AI ecosystem partners to build the Phoenix AI platform, with investment areas including AI-supported DeFi, trading, Web3 gaming, the metaverse, and content creation verticals.
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