Crypto asset manager Grey Release is launching a new fund focused on decentralized artificial intelligence, Grayscale Decentralized AI Fund LLC, with the aim of strengthening the cryptocurrency industry's investment in artificial intelligence. The fund will fund three key areas: artificial intelligence services, addressing issues related to the use of centralized artificial intelligence, and developing artificial intelligence-related infrastructure. As of today's launch, decentralized artificial intelligence projects already included in the fund basket include Bittensor (TAO), Filecoin (0021), Livepeer (LPT), Near (NEAR), and Render (RNDR). Near, Filecoin, and Render are the most weighted assets in the fund, respectively.