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DCG established Yuma, a subsidiary focused on Bittensor, doubling down on decentralized AI investment
Golden Finance reported that Digital Currency Group (DCG) is launching a new subsidiary, Yuma, focusing on artificial intelligence to support the development of the Open Source Bittensor network. This represents the integration of the encryption field and the artificial intelligence field, providing capital and technical resources to startups and mature enterprises to build projects on Bittensor. Bittensor is a Decentralization protocol that supports blockchain-based machine learning networks. DCG first invested in Bittensor in 2021. The company has also invested in multiple Decentralization AI companies, including Tensorplex, Natix, and Flock. DCG founder Barry Silbert will serve as the CEO of Yuma.