0G Labs, in partnership with the Stanford blockchain team, launched a $20 million Apollo AI Accelerator.

PANews reported on February 27 that 0G Labs, a decentralized artificial intelligence infrastructure protocol, announced the launch of the "0G Apollo Accelerator," which plans to provide up to $20 million in funding to incubate and scale revenue-generating AI applications based on decentralized infrastructure.

This accelerator was established in partnership with the Blockchain Builders Fund (BBF). BBF is part of the Stanford University blockchain ecosystem, encompassing projects such as the Stanford Blockchain Accelerator, BASS, and MS&E 447. The project also receives support from Google Cloud, with each selected team receiving $200,000 in cloud resources.

In addition, Privy, a wallet infrastructure platform (acquired by Stripe), will provide selected teams with production-grade wallet solutions, aiming to help projects acquire enterprise-grade computing and infrastructure capabilities from an early stage.