Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI

Paradigm has announced a new $1.2 billion fund aimed at investing in AI, robotics, and crypto startups, marking a strategic shift from focusing solely on digital assets. This move signals a broader industry trend where traditional VCs are increasingly interested in tech innovation beyond just cryptocurrencies. With AI and robotics expected to drive significant technological advancements, Paradigm's expanded focus could set a precedent for other crypto VCs to diversify their portfolios, potentially accelerating innovation across these sectors.