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RippleX Teases AI Fund to Support Next Big Thing in AI and Blockchain

Ripple's development arm, RippleX, is preparing to launch the XRPLGrants AI Fund, which will support projects combining artificial intelligence and blockchain technology. An info session will be held on October 2 to provide details on the fund and its application requirements. Additionally, Ripple issued a warning to its community regarding its new product, the stablecoin RLUSD, reminding them that it is still in private beta and cautioning against scams. Lastly, Ripple unlocked one billion XRP coins from escrow, with the majority being locked back and 800 million sent back to escrow for future releases.

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