This Altcoin Announces $100M Artificial Intelligence Fund, Price Jumps!

Recently, the interest of investors towards artificial intelligence projects continues to increase.

In this context NEAR Protocol (NEAR) made an announcement on artificial intelligence projects during the day.

There is also an announcement after the NEAR Protocol. TRON (TRX) It came from Tron DAO, the decentralized autonomous organization behind its ecosystem.

Tron DAO, Blockchain And take technologyannounced that it has established a $100 million Artificial Intelligence Development Fund to accelerate the development of

In the statement, it was stated that this fund will focus on four areas: AI Service Payment Platform, AI Content Creation, AI Infused Oracles and AI Investment Management Services.

“The startup’s hope is that developers will be inspired to use AI in current and future applications built on the TRON blockchain at both the backend and frontend of development AND to apply for TRON AI Development grants.

The fund will help make these happen.”

After this fund, users can use artificial intelligence technology in the TRON ecosystem. “Build more complex and intelligent trading algorithms, analyze market trends in real time, explore even more advanced and dynamic strategies and make more insightful investment decisions” access to investment management services such as

Bounce in price after the news TRX It continues to trade at $0.0661, pulling back significantly at the time of writing.

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