Cronos Labs launched a new stage of the $100 million acceleration program


The organization behind the development of the Cronos ecosystem, Cronos Labs, has initiated the third cohort of the $100 million acceleration program.

Eight startups will be able to count on funds.

The teams will be mentors from Google Cloud, Amazon Web Services, PeckShield and Certik.

The program starts on September 4 during Korea Blockchain Week and ends 12 weeks later.

“We see an opportunity to create teams at the intersection of cryptocurrencies and AI. In it, the latter enables unparalleled speed and efficiency in bringing products to market, and the decentralized infrastructure has the potential to democratize AI for greater accessibility and neutrality.” the ad says.

Recall that the interaction of two technologies can change the way companies organize, which will lead to a sharp decrease in costs and an explosive increase in productivity, according to Cathy Wood, CEO of ARK Invest.

Previously, the DFINITY Foundation, behind the Internet Computer Protocol (ICP) ecosystem, launched a $5 million grant program to develop DeAI.

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