Early Ethereum investor Cyber.Fund pledges to invest $100 million in blockchain and AI crossover projects

According to CoinDesk, early Ethereum investor Cyber​​.Fund has pledged to invest $100 million in projects intersecting blockchain technology with artificial intelligence (AI) and the Internet of Things (IoT). Cyber​​.Fund has also invested in Cosmos, Solana, and Polkadot. According to an email announcement on Thursday, Cyber​​.Fund is focused on developing a "Cybernetic economy," where blockchain is the cornerstone. The company defines Cybernetic as an interconnected automated economic framework where blockchain, AI and IoT integrate with each other around this framework.