[Coin World] According to reports, Gate Ventures announced a joint initiative with Solana Superteam UK and the Cambridge Blockchain Association to launch the Web 3 (Open-web) & AI Frontier Program, aimed at promoting academic exploration in the integration of blockchain and artificial intelligence, and nurturing a new generation of forward-thinking innovators. This program will provide funding support ranging from $100,000 to $1 million for university projects, including those at the University of Cambridge, along with industry mentorship and in-depth connections to Solana ecosystem resources. With support from industry-leading institutions, this program will accelerate the implementation and development of research-driven projects in blockchain infrastructure, Decentralized Finance (DeFi), and AI applications built on the Solana network. Currently, the program has officially launched and is open for global project applications.