Cointelegraph’s VC Roundup features venture funding for the Wire Network, OpenGradient, Blockcast, Apex Fusion, PiP World and Lombard.
The blending of artificial intelligence with blockchain technology has emerged in 2024 as a key focus for venture capital investment. According to data from analytics firm Stocklytics, AI startups secured $11.8 billion in the past 90 days, representing 30% of all venture capital funding in the third quarter of 2024.
Analytics firm Nansen recently highlighted the rise of AI solutions running on blockchain rails as a particularly active area within decentralized finance (DeFi) applications.
This emerging market is attracting a growing number of startups. Wire Network, for instance, launched a new blockchain designed for AI agents with a Universal Transaction Layer (UTL) that supports decentralized and autonomous transactions across multiple blockchains.
