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tl;dr
Grayscale Investments has launched the Grayscale Decentralized AI Fund LLC, providing accredited investors with exposure to decentralized AI protocols. The fund's initial basket of AI crypto protocols includes Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Render (RNDR), and Near (NEAR). Grayscale...
Grayscale Investments has launched the Grayscale Decentralized AI Fund LLC, providing accredited investors with exposure to decentralized AI protocols. The fund's initial basket of AI crypto protocols includes Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Render (RNDR), and Near (NEAR). Grayscale plans to rebalance the fund quarterly and identified three primary areas of focus: decentralized AI applications, addressing AI-related challenges, and AI infrastructure.
The asset manager also updated the Grayscale Ethereum Mini Trust's registration statement, reducing the fee to 0.15% and waiving it for the first six months, up to $2 billion in assets under management.
Grayscale Investments, the world’s largest digital asset manager, has publicly launched the Grayscale Decentralized AI Fund LLC, a fund designed to give accredited investors exposure to decentralized artificial intelligence (AI) protocols.
Grayscale Investments announces the launch of the Grayscale Decentralized AI Fund LLC, envisioning providing accredited investors with exposure to decentralized AI protocols.
Grayscale has launched the Grayscale Decentralized AI Fund, available to eligible accredited investors, with holdings including $NEAR, $FIL, $RNDR, $LPT, $TAO. The assets are subject to change without notice.
Grayscale's official announcement stated that the AI Fund will rebalance quarterly and identified three primary areas of focus for the fund: decentralized AI applications, AI-related challenges, and AI infrastructure.
Rayhaneh Sharif-Askary, Head of Product & Research at Grayscale, emphasized the fund's aim to provide investors with exposure to decentralized AI at the earliest possible stage. Sharif-Askary highlighted the potential of blockchain-based AI protocols in mitigating fundamental risks associated with the proliferation of AI technology.
Grayscale also updated the registration statement for Grayscale Ethereum Mini Trust, reducing the management fee to 0.15% from 0.25% and waiving the fee for the first six months, up to $2 billion in assets under management (AUM).
More about C3 Ai Inc
Company: C3 Ai Inc
Stock Ticker: C3
Sector: Technology
Industry: Services - Prepackaged Software
Market Cap: $3,527,357,000
Dividend Yield: None
EPS: -2.34
P/E Ratio: 2.602
Forward P/E: -0.901
Volume: 310,582,000
Stock Price: $29.35
52-Week Change: 0
52-Week High: 0.196