PANews August 8 news, according to the official blog, the pSTAKE Foundation has announced that its $50 million AI-Web3 Innovation Fund is now officially open for applications. The project aims to accelerate research, development, and collaboration in the cutting-edge fields of generative artificial intelligence and decentralized networks. The fund focuses on five strategic areas: 1. Decentralized Generative Agents: Fully on-chain autonomous AI entities; 2. On-chain Provenance: Transparent ownership of datasets, models, and agent outputs; 3. Market Layer for AI Assets: Valuation, exchange, and collateral protocols; 4. Programmable Creative Engine: AI channels for dynamic multimedia; 5. Secure, Composable Infrastructure: Secure and scalable building blocks for interoperable AI-Web3 systems.