NEAR Foundation Establishes $20 Million AI Agent Fund to Promote Decentralized AI Development

PANews reported on February 6 that the NEAR Foundation announced the establishment of a $20 million AI Agent Fund to promote the development of decentralized AI. The fund will focus on investing in autonomous and verifiable AI agents built on NEAR technology and deploy them on-chain in the coming months. Investment targets include innovative applications such as agent tokenization, AI role-playing games, and permissionless AI oracles, with the goal of expanding the application scenarios of the integration of Web3 and AI. The fund will cooperate with ecological projects such as the Horizon AI accelerator and AI hackathon to support developers in exploring NEAR's unique advantages in combining AI and blockchain, and promote the large-scale development of decentralized AI agents.

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