0G Labs launches a $20 million Apollo AI Accelerator in collaboration with the Stanford Blockchain Team

Decentralized Artificial Intelligence Infrastructure Protocol 0G Labs announced the launch of the "0G Apollo Accelerator," which plans to provide up to $20 million in funding support for incubating and scaling revenue-generating AI applications based on decentralized infrastructure.

The accelerator is established in collaboration with the Blockchain Builders Fund (BBF). BBF is part of the Stanford University blockchain ecosystem, which includes projects such as the Stanford Blockchain Accelerator, BASS, and MS&E 447. The project is also supported by Google Cloud, with each selected team receiving a $200,000 cloud resource allocation.

In addition, the wallet infrastructure platform Privy (acquired by Stripe) will provide production-grade wallet solutions for selected teams, aiming to help projects have enterprise-level computing and infrastructure capabilities from the early stages.