Frax Finance has announced that it is collaborating with related project IQ to develop an AI technology stack

Decentralized stablecoin protocol Frax Finance has announced that it is working with related project IQ to develop an AI technology stack. The "AIVM" technology stack was developed as a parallel blockchain in the project's Layer 2 upgrade Fraxtal, which employs a new proof-of-inference consensus system. The proof-of-inference mechanism utilizes artificial intelligence and machine learning models to validate transactions on a blockchain network.
Frax claims that the AI technology stack will enable artificial intelligence agents to become fully autonomous, without a single point of control, and ultimately help artificial intelligence and blockchain work together more seamlessly.