According to Morph's official news, bAI Fund, the on-chain AI agent fund, received $1 million jointly invested by Morph and Ventures, a Bijie. It is reported that bAI Fund is an on-chain proxy fund operating in a Trusted Execution Environment (TEE), which integrates quantitative transactions, investments and marketing to create a diversified AI proxy ecosystem. The fund helps creators independently issue AI proxy tokens and promote decentralized governance.