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The DFINITY Foundation has announced the launch of a $5 million decentralized artificial intelligence (DeAI) grant to support projects leveraging AI on the Internet Computer blockchain (ICP). ICP plays the role of an autonomous cloud that AI models can be built on, meaning they are fully decentralized and run completely on the blockchain. The $5 million DeAI grant aims to support and encourage the development and integration of AI applications on the Internet Computer blockchain. Projects leveraging AI on ICP include AI-driven search engine, AI-driven recommendation engine, and AI-driven fraud detection.