Decentralized artificial intelligence and Web3 firm Theoriq announced its acceptance to Google's Cloud Startup Program on Aug. 19. The company will join the long-term accelerator to develop its proprietary AI agent platform.

Theoriq's AI Agent Base Layer

Theoriq's primary product, its AI Agent Base Layer, is a decentralized, blockchain-based platform for developing and managing AI agent collectives.

It allows developers to deploy AI agents—models specifically designed to complete directed tasks—throughout their Web3 stack. This innovation aims to create a more efficient and scalable ecosystem for AI in the Web3 space.

Google Accelerator Program

The big idea behind the Google Startup Cloud accelerator program is to help companies such as Theoriq scale. Through its participation, Theoriq will receive access to Google Cloud services with up to $350,000 in usage credits.

Additionally, it will benefit from industry professionals, dedicated mentorship, and networking opportunities.

"This partnership could lead to reconfiguring our resources," said a Theoriq spokesperson.

Preparing for Mainnet Launch

Theoriq says it's ramping up to a testnet phase as it joins the program. According to a roadmap on its website, it expects to launch the mainnet for its services in "late 2024."

It's still being determined if participation in the Google startup accelerator will alter the company's timelines, but the new partnership could result in a reconfiguration of resources.

The Future of Theoriq

Ultimately, the company's success will depend on the robustness of its protocol. According to its "lite paper," the project aims to develop a marketplace and ecosystem for AI agents.

Developers can create agents, and the Theoriq protocol will allow them to platform, evaluate, optimize, and deploy those agents to end-users already connected to the marketplace and ecosystem.