KEY TAKEAWAYS
- The Avalanche Foundation launches the infraBUIDL(AI) Program to integrate AI with decentralized infrastructure, offering up to $15 million in funding.
- The program aims to drive innovation in AI-driven blockchain applications, positioning Avalanche at the forefront of technological advancement.
- AIfred, an AI-powered agent, will assist in evaluating projects, enhancing the decision-making process for funding allocations.
- The initiative targets AI and ML researchers and developers to enhance tools and user experiences within the Avalanche ecosystem.
The Avalanche Foundation has announced the launch of the infraBUIDL(AI) Program, a new initiative aimed at fostering the intersection of artificial intelligence (AI) and decentralized infrastructure. The program offers up to $15 million in direct funding and retroactive grants to support AI-driven projects within the Avalanche ecosystem.
The infraBUIDL(AI) Program is designed to encourage innovation by funding projects that contribute to the development of intelligent, next-generation blockchain applications. With AI’s potential to transform various industries, this initiative positions the Avalanche network at the forefront of technological evolution.
Aytunc Yildizl, Chief Executive Officer at the Avalanche Foundation, emphasized the program’s goal to revolutionize the ecosystem by leveraging AI to attract and empower innovators, builders, and visionaries. The program invites participants to collaborate in shaping the future of infrastructure.
AI-Powered Evaluation with AIfred
A key component of the infraBUIDL(AI) Program is AIfred, an AI-powered agent that will assist the review committee. AIfred will analyze transcripts and presentations from pitch meetings, provide notes, and ask questions to ensure a comprehensive understanding of each project. This integration aims to streamline the decision-making process, enhancing efficiency and accelerating funding decisions.
The program seeks to support AI-focused projects that push the boundaries of decentralized technology. It offers funding to AI and machine learning (ML) researchers, developers, and startups working on intelligent, scalable infrastructure on Avalanche. These projects aim to enhance developer tools, improve user experiences, and optimize operations across the Avalanche ecosystem.
Focus Areas and Application Process
The infraBUIDL(AI) Program is open to a wide range of AI-driven infrastructure projects, with a particular focus on strategic areas that can catalyze the growth of AI-driven blockchain solutions. By funding these areas, the program aims to keep Avalanche at the cutting edge of blockchain and AI technology.
For more information on the infraBUIDL(AI) Program, including eligibility criteria and application requirements, visit the Avalanche Foundation’s blog. Applications must be submitted through the specified form on the website.
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