Y Combinator Eyes AI, Metaverse, and Stablecoins for Future Investments – Cryptoflies News

American startup accelerator Y Combinator has expressed curiosity in exploring concepts associated to synthetic intelligence (AI), the metaverse, and stablecoins, in keeping with a latest report often known as “Request for Startups” (RFS).

The RFS encompasses 21 classes by which the corporate is raring to see extra innovation and entrepreneurial exercise.

Notably, Y Combinator emphasizes AI, encouraging tasks starting from making use of machine studying to robotics and simulating the bodily world to explainable AI and utilizing AI for constructing enterprise software program.

Concerning the metaverse, augmented actuality (AR), and digital actuality (VR) applied sciences, the corporate acknowledged the rising reputation and enhanced consumer expertise ensuing from the launch of Meta Quest 3 and Apple Imaginative and prescient Professional headsets. Nonetheless, Y Combinator identifies areas for enchancment and innovation, particularly calling for the invention of recent use instances past gaming and enhancements to the consumer expertise.

Stablecoins — that are cryptocurrencies pegged to the worth of one other forex just like the US greenback — are additionally highlighted by Y Combinator as “the way forward for cash.” The corporate expresses curiosity in funding groups engaged on constructing B2B and client merchandise on high of stablecoins, in addition to instruments and platforms that facilitate stablecoin finance.

Y Combinator’s curiosity in funding tasks associated to rising Web3 applied sciences underscores the perceived potential and progressive future developments in these areas. This inclination in direction of progressive applied sciences shouldn’t be distinctive to Y Combinator, as evidenced by different initiatives within the trade.

In 2022, L’Oréal, Meta, and HEC Paris collaborated on a startup accelerator devoted to fostering innovation within the metaverse. In July 2023, Sella Group launched the “Metaverse 4 Finance Accelerator” to help startups in metaverse finance. Moreover, in October, Walmart and Outlier Ventures launched their Web3 Accelerator Program, targeted on advancing world retail and commerce by decentralized options.