A100x Launches $50 Million Fund for AI and Blockchain Startups

According to PANews, venture capital firm A100x has announced the launch of its second fund, valued at $50 million. The fund aims to support and nurture early-stage startups in the fields of artificial intelligence (AI), digital assets, and blockchain technology. A100x's current investment portfolio in the blockchain and AI sectors includes Web3 solutions provider Blockdaemon, cloud mining service Coreweave, on-chain analytics platform Nansen, blockchain game developer Mythical Games, and tokenization company Securitize.