Crypto VC Paradigm expands into AI, robotics with $1.5B fund: WSJ
Crypto venture capital firm Paradigm has launched a new $1.5 billion fund aimed at investing in artificial intelligence and robotics. This expansion marks a significant shift for the firm, which has primarily focused on cryptocurrency and blockchain technologies. The fund will target early-stage companies in these emerging sectors, reflecting a growing interest in the intersection of AI and blockchain. Paradigm's move aligns with broader trends in the tech industry, where AI is increasingly seen as a transformative force. The firm aims to leverage its expertise in crypto to identify innovative opportunities in AI and robotics.
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