Chromia Announces $20 Million Fund for Data and AI Ecosystem at TOKEN2049 Singapore

Foresight News reports that blockchain platform Chromia announced the establishment of a $20 million data and artificial intelligence ecosystem fund at TOKEN2049 Singapore. This fund will be dedicated to supporting data-intensive projects and AI applications, and will be led by Chromia's Head of Business Development, Yeou Jie.

In addition, Chromia announced plans for the "Asgard" mainnet upgrade in Q4 2024. This upgrade will introduce custom "Extensions" to the platform, providing new functionalities. These extensions will be accessible to both native Chromia DApps and external clients. The proposed extensions include an oracle solution, AI model computation, and support for data availability and zero-knowledge proofs.