Near Foundation Launches $20 Million Fund to Boost AI Agents

The Near Foundation has launched a $20 million fund to support the development of AI agents on its blockchain. This fund aims to promote AI-driven applications in areas like gaming, market-making, and decentralized oracles. The goal is to make AI agents a key part of business and commerce. The foundation is focusing on projects that push the limits of on-chain AI, with an emphasis on new AI tokens. Alongside this fund, Near is supporting efforts like the Horizon AI accelerator and AI hackathons to encourage the next generation of developers. This initiative shows Near’s commitment to integrating AI with blockchain technology.