AI & Blockchain

Cyber.Fund's $100 Million Investment in the Cybernetic Economy

Author : Renuka K

Cyber.Fund, known for its early backing of Ethereum, Cosmos, Solana, and Polkadot, has announced a massive $100 million investment in projects at the nexus of blockchain technology, artificial intelligence (AI), and the Internet of Things (IoT). This strategic move aims to cultivate the "cybernetic economy," an interconnected and automated economic framework where these three technological domains converge. The cybernetic economy is envisioned as a new era of programmable, trustless, and decentralized innovation, positioning blockchain as its foundational layer. This initiative reflects Cyber.Fund's commitment to spearheading transformative growth in this emerging economic landscape, following the surge in AI-based tokens and tools like ChatGPT in the cryptocurrency industry​​​​​​​​.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.