The 0G Foundation has launched an $88 million fund aimed at fostering the development of decentralized AI applications. This initiative invites submissions from teams working on various projects, including decentralized finance (DeFi) solutions, on-chain data marketplaces for secure data sharing, as well as AI-driven gaming and social applications. Notable investors backing this fund include Hack VC, Delphi Ventures, and OKX Ventures, all of whom are established players in the blockchain venture capital arena. The rise of AI across various sectors has catalyzed efforts in the blockchain community to decentralize how data is gathered and utilized, addressing concerns over monopolization of AI technologies by a few influential entities. The fund represents a strategic movement toward integrating innovative AI applications within a decentralized framework.

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