ChainCatcher news, Grayscale has announced that the decentralized artificial intelligence fund is now open to eligible qualified investors. The fund holds NEAR, RNDR, FIL, LPT, and TAO, diversifying investments in the intersection of artificial intelligence and cryptocurrency.The Grayscale Decentralized AI Fund is one of the first securities to be fully invested in native tokens of decentralized AI protocols and to derive value from them. Decentralized AI refers to the integration of artificial intelligence and blockchain technology. The fund provides access in the form of securities, eliminating the need to directly purchase, store, and custody digital currencies.

ChainCatcher news, according to CNBC, the AI startup Anthropic has launched a $100 million AI fund in collaboration with the venture capital firm Menlo Ventures. This move will intensify competition with OpenAI.

ChainCatcher news, Source Code Capital, an early investor in TikTok's parent company ByteDance, is preparing a $300 million artificial intelligence venture capital fund. This marks the company's first major investment action since 2021. Sources added that the investment amount has not been finalized and may vary. It is reported that Source Code Capital was founded by former Sequoia China investor Cao Yi, and its RMB and USD funds hold approximately $5 billion. In addition to ByteDance, the company has also invested in the food delivery platform Meituan and the electric scooter manufacturer Niu.