Investing.com -- DWF Lab announced on Tuesday the creation of a $20 million fund aimed at supporting the development of autonomous artificial intelligence (AI) agents.
The initiative seeks to promote innovation at the intersection of AI and decentralised technologies within the Web3 ecosystem.
The fund is designed to support projects developing AI agent solutions with potential applications across industries such as finance, logistics, entertainment, and governance.
In addition to financial investment, selected projects will benefit from a range of resources to enhance their development and adoption.
These include advisory services, collaborative opportunities with blockchain ecosystems, and up to $100,000 in cloud server credits to facilitate infrastructure scalability and performance optimisation.
DWF Labs has stated that the selection criteria will focus on projects with strong potential to drive meaningful innovation and practical industry applications.
By targeting initiatives that integrate AI with decentralised systems, the fund aims to contribute to the growth of technologies that are shaping the digital economy.
This effort aligns with DWF Labs’s broader strategy to support emerging technologies within the Web3 landscape.
The firm’s focus on combining artificial intelligence with blockchain infrastructure underscores its commitment to fostering advancements that enable new applications and efficiencies.
“Autonomous AI agents will transform how businesses and individuals interact with technology, from automating complex decision-making processes to unlocking entirely new economic opportunities,” said Andrei Grachev, Managing Partner at DWF Labs in a statement.
Through this, DWF Labs reinforces its role in facilitating technological progress and supporting the adoption of AI-driven solutions within decentralised networks.
The fund reflects a structured approach to advancing technologies that can influence a wide range of sectors and contribute to the evolution of the digital ecosystem.
By focusing on autonomous AI agents and their integration into blockchain technologies, DWF Labs is aiming to drive practical innovation and provide projects with the necessary tools to scale and succeed.