Zhao Changpeng attended the theme Space of the crypto AI startup Vana, betting on a new era of AI and data ownership

ChainCatcher news, Binance founder Zhao Changpeng participated in the Vana-hosted "Dialogue with Zhao Changpeng: YZi Labs Bets on the New Era of AI and Data Ownership" themed Space today, stating, "AI is a foundational technology that will not disappear, and its application areas are vast; we are just getting started. The intersection of cryptocurrency and AI is strong. The first dimension is that cryptocurrency will become the native currency for AI, and the second dimension is that data is the fuel for AI. Public data has been exhausted, but there is still a large amount of untapped private data.

The reasons for investing in Vana include a strong existing product, a growing user base that shows product-market fit (PMF), and a strong founding team. As AI models become larger and cheaper, applications will continue to emerge, and data and applications will not disappear."

Previous report, YZi Labs (formerly Binance Labs) has invested in the crypto AI startup Vana, and Binance founder Zhao Changpeng will join as an advisor.