EddieJayonCrypto
22 Jan 25
Avalanche aims for growth in the US by utilizing AI and blockchain innovations. The company plans to align its initiatives with the Trump administration's focus on technological advancement. The anticipated regulatory changes in the US are expected to create new opportunities for blockchain technolo...
Avalanche is strategically positioning itself for substantial growth in the United States by embracing the Trump administration's focus on technological advancement. The company plans to capitalize on anticipated regulatory changes, creating new opportunities for blockchain technology. In a significant move, Avalanche Foundation has partnered with Aethir, a decentralized cloud platform, to bolster AI-driven projects within its ecosystem, offering up to $15 million in funding and grants for developers.
Emin Gün Sirer, founder of Ava Labs, expressed optimism about the administration's emphasis on innovation, highlighting the potential for transformative growth. Avalanche aims to synchronize its initiatives with this momentum to expedite the adoption of blockchain technology within the US. Industry insiders are optimistic about the administration's pro-crypto stance, as evidenced by plans to establish a national Bitcoin reserve and integrate blockchain solutions into economic reforms. High-profile appointments in the administration further signal a commitment to advancing blockchain and AI technologies.
The partnership between Avalanche Foundation and Aethir focuses on strengthening AI-driven projects within Avalanche's ecosystem, leveraging Aethir's $100 million fund and technological expertise. Aethir joins Avalanche's InfraBUIDL(AI) program, providing up to $15 million in direct funding and retroactive grants to developers, particularly prioritizing projects requiring scalable computing power and advanced resources. This collaboration reflects Avalanche's dedication to fostering technological breakthroughs and supporting innovators.