Odaily News Coinbase recently launched an AI accelerator grant program, awarding $3,000 to five projects focused on combining AI with crypto wallets. Coinbase CEO Brad Armstrong said that large language models (LLMs) can perform financial operations if properly equipped. According to Coinbase, the grant is intended to test the waters of economic applications triggered by AI: "A major obstacle to building practical applications with AI is that AI agents cannot obtain bank accounts to send/receive automatic payments. Building an on-chain solution solves this problem." Those interested in applying for the grant must submit their application by September 5.