AI-Focused Blockchain Innovation: YeagerAI Secures Funding for Smart Contracts

Tuesday, 20 August 2024, 14:31

AI-focused blockchain initiatives are gaining momentum as YeagerAI, the startup behind the decentralized AI network GenLayer, announces a successful $7.5 million seed round. This funding aims to enhance the development of non-deterministic smart contracts. The investment propels advancements in blockchain technology through AI integration.
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AI-Focused Blockchain Innovation: YeagerAI Secures Funding for Smart Contracts

AI-Focused Blockchain Unveiled

AI-focused blockchain innovation is on the rise with the recent news that YeagerAI, the startup driving the decentralized AI network GenLayer, successfully closed a $7.5 million seed round.

Impact of Funding on AI Integration

This significant funding will bolster the creation of non-deterministic smart contracts, which have the potential to redefine automated processes. The integration of AI into blockchain technology promises enhanced efficiency and security.

  • Funded Amount: $7.5 million
  • Startup: YeagerAI
  • Focus: AI and Blockchain

Future Prospects

The partnership of AI and blockchain remains a pivotal point for innovation in digital contracts. YeagerAI's advancements could lead to further investments in this evolving sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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