Singapore-based blockchain startup alef joins the AI race with $50 million funding

Introducing Aelf’s groundbreaking $50 million ecosystem fund, dedicated to revolutionizing the blockchain landscape by infusing the power of artificial intelligence. This innovative approach will pave the way for a smarter, more efficient and secure blockchain future. Join us as we embark on this thrilling journey to shape the future of technology.

Revolutionizing the blockchain landscape, aelf, a leading company based in Singapore, is embarking on a groundbreaking journey towards a dynamic ecosystem fused with cutting-edge AI technology.

In a thrilling revelation on April 12th, the aelf team declared the launch of their ambitious project, backed by a whopping $50 million investment from their venture arm, aelf Ventures. This colossal Ecosystem Fund aims to propel ingenious AI ventures towards harnessing the power of blockchain.

“With the roll-out of developer-friendly toolkits, aelf will further catalyze this AI blockchain innovation by empowering the community to utilize those new technologies for data pre-processing, model training, fine-tuning and deployment, agent development, on-chain deployment and monetization with the aelf blockchain environment.”

The aelf team

Revolutionizing the world of blockchain and AI, the highly-anticipated funding criteria remains shrouded in mystery. However, whispers in the tech world hint at aelf’s current projects and games eagerly integrating advanced AI capabilities. This bold move showcases a surging fascination among companies for the powerful fusion of blockchain and AI.

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