Six AI teams selected for NEAR Horizon AI Incubation Program

According to official news, six AI teams have been selected for the NEAR Horizon AI Incubation Program. The NEAR AI x HZN Incubation Program is part of the NEAR Foundation's strategic vision to build a user-owned AI ecosystem. The selected teams include: 1. Mizu is building the first synthetic open data layer, aiming to cultivate an open and collaborative data ecosystem for AI developers. 2. Pond uses graph neural networks (GNNs) to develop basic encryption models to analyze on-chain data and predict future behavior. 3. Nevermined has created a powerful payment infrastructure tailored for AI commerce, providing AI developers with a convenient transaction experience. 4. Hyperbolic provides an open AI cloud with a GPU market and AI inference services. 5. Ringfence enables creators and artists to monetize their works while maintaining secure ownership, aiming to become a Web3 version of DALLE-3 that directly benefits creators. 6. Exabits provides GPU computing in a data center environment, providing the necessary physical and technical conditions for serious AI training, inference, and fine-tuning.