Topic: paradigm

Paradigm Raises $1.2 Billion and Pushes Beyond Crypto Into AI and Robotics

• Paradigm, one of the best-known venture firms in crypto, has closed a new $1.2 billion fund and made clear it will spend much of it outside crypto, on artificial intelligence, robotics and other frontier technology.
• The raise, below an initial $1.5 billion target, is a sign of how the biggest digital-asset investors are broadening their bets as the AI boom pulls in capital.