Lido DAO investor cyber.Fund commits $100m to accelerate ‘cybernetic economy’
Private investment firm cyber.Fund has established a new fund aimed at supporting blockchain, artificial intelligence and robotics. In a blog announcement, the Belarus-headquartered firm said the new venture aims to support innovative projects that are leveraging robotics-related solutions to ensure a “healthy transformation to a cyber netic economy that benefits humanity.” According to the company, the new $100 million venture fund will be focused on advanced cryptography systems such as zero-knowledge and fully homomorphic encryption, decentralized finance, network states, data marketplaces, robotics, artificial intelligence (AI) systems and other aspects of emerging technological markets. “We foresee the emergence of a deeply interconnected and automated economy , radically transforming our current state over the next few decades.” cyber .Fund co-founder Konstantin Lomashuk You might also like: Goldman Sachs forecasts dramatic surge in blockcha...