Aethir launches a $100 million ecosystem fund to accelerate AI and gaming innovation

ChainCatcher news, according to Cointelegraph, decentralized GPU cloud computing provider Aethir has announced the launch of a $100 million Aethir Ecosystem Fund to accelerate innovation in artificial intelligence and gaming. The initiative includes the Aethir Catalyst program, aimed at providing high-performance GPU resources to startups and enterprises. The Aethir Catalyst program is the foundation of the fund, allocating $20 million in grants and subsidies to support over 100 projects.

336 million ATH tokens will be distributed evenly between artificial intelligence and gaming projects to establish strategic partnerships and support innovation across various fields. The fund's allocation model is designed to reduce the computing costs for companies integrating artificial intelligence, machine learning, or high-demand gaming applications. In addition to grants, the fund also includes a subsidy program that can cover up to 35% of the costs for external GPU services, allowing businesses to access high-performance computing without upfront costs.