The Ethereum Foundation has announced the formation of the dAI team, led by core developer Davide Crapis, to position Ethereum as a foundational layer for AI economy and software development. The team's immediate focus is on implementing the ERC-8004 standard, which will facilitate seamless transactions for AI agents within the Ethereum ecosystem. This standard is expected to be unveiled at the Devconnect conference in November. In the long term, the foundation aims to build decentralized AI infrastructure to prevent monopolization by large corporations. Additionally, the foundation has disclosed research collaborations with several Silicon Valley companies.