0G Labs has announced the launch of the '0G Apollo Accelerator,' aimed at providing up to $20 million in funding to support the development and expansion of revenue-generating AI applications based on decentralized infrastructure. According to Odaily, this accelerator is established in collaboration with the Blockchain Builders Fund (BBF), which is part of Stanford University's blockchain ecosystem, including the Stanford Blockchain Accelerator, BASS, and MS&E 447 projects. The initiative also receives support from Google Cloud, offering each selected team $200,000 in cloud resources.
Additionally, Privy, a wallet infrastructure platform acquired by Stripe, will provide production-grade wallet solutions to the selected teams. This support is intended to equip projects with enterprise-level computing and infrastructure capabilities from the early stages.