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Aethir Launches $100 million Fund to Accelerate AI and Gaming Innovation

Cloud computing provider Aethir announced the launch of the $100 million Aethir Ecosystem Fund to accelerate innovation in artificial intelligence and gaming. The initiative includes the Aethir Catalyst initiative, which aims to provide high-performance GPU resources to startups and enterprises. Next year, the fund will issue 336 million ATH tokens, with the same focus on artificial intelligence and gaming projects. Aethir CEO Daniel Wang said the $100 million fund addresses the need startups and enterprises face as they try to access high-performance GPU resources.