CandleFocus Aethir Launches $100M Fund to Accelerate AI and Gaming Innovation
2024-10-11
Author: Content Editor
Decentralized GPU cloud computing provider, Aethir, has launched a $100 million fund called Aethir Ecosystem Fund to accelerate innovation in AI and gaming. The fund will distribute 336 million ATH tokens over the next year, with an equal focus on AI and gaming projects. The Aethir Catalyst program, which will allocate $20 million, aims to support more than 100 projects through grants and subsidies. The fund's goal is to democratize access to high-performance GPUs and reduce financial barriers for companies in these sectors. The distribution model aims to reduce computing costs for companies integrating AI, machine learning, or high-performance gaming applications.
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