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Home Blockchain

Avalanche eyes US growth by harnessing AI and blockchain innovations

by wireopedia memeber
January 22, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Avalanche eyes US growth by harnessing AI and blockchain innovations
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Avalanche is positioning itself for significant growth in the US by leveraging the Trump administration’s focus on technological advancement

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On Jan. 21, Emin Gün Sirer, founder of Ava Labs, shared optimism about the administration’s emphasis on innovation, describing it as a timely push for transformative growth.

According to him, Avalanche intends to align its initiatives with this momentum to accelerate the adoption of blockchain technology within the US. He stated:

“President Trump’s renewed focus on American innovation and growth is long overdue. Now is our moment. Let’s get to work bringing real world activities on chain, and making American the heart of the world’s digital economy.”

Avalanche’s planned move is unsurprising, considering the anticipated regulatory changes in the US would create new opportunities for blockchain technology.

Industry insiders are optimistic about the administration’s pro-crypto stance, given its plans to establish a national Bitcoin reserve and integrate blockchain solutions into economic reforms.

Additionally, observers believe Trump’s high-profile appointments of figures like Paul Atkins and David Sacks to key positions indicate his administration’s commitment to advancing blockchain and artificial intelligence (AI) technologies.

Avalanche’s AI moves

Avalanche’s US expansion efforts coincide with a significant partnership between the Avalanche Foundation and Aethir, a decentralized cloud platform.

The collaboration, announced on Jan. 21, focuses on strengthening AI-driven projects within Avalanche’s ecosystem by leveraging Aethir’s $100 million fund and technological expertise.

Through this partnership, Aethir joins Avalanche’s InfraBUIDL(AI) program, an initiative designed to integrate AI with blockchain infrastructure.

The program provides up to $15 million in direct funding and retroactive grants to developers building AI solutions. Aethir’s involvement will prioritize projects that require scalable computing power and advanced resources.

The partnership enhances the Avalanche ecosystem’s support for web3 innovations, particularly in AI and gaming. By aligning grant distribution with project-specific computing needs, the collaboration ensures targeted support for developers aiming to deliver impactful solutions.

Avalanche Foundation CEO Aytunç Yildizli hailed the partnership as a pivotal step in advancing AI and decentralized infrastructure. He emphasized that this collaboration reflects Avalanche’s commitment to fostering technological breakthroughs by creating opportunities for innovators to thrive.

The post Avalanche eyes US growth by harnessing AI and blockchain innovations appeared first on CryptoSlate.

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