Paradigm, a big name in crypto venture capital, just pulled together a cool $1.2 billion. The funny part? It's not for crypto, but for artificial intelligence.
In 30 seconds
- 01Paradigm, a VC firm founded for the crypto sector, has raised a new $1.2 billion fund.
- 02This massive fund is earmarked for investments outside cryptocurrency, specifically in AI and robotics.
What this means for you
For the average person, this means we'll see more AI and robotics-driven products and services. Fresh money speeds up development, so innovations will hit the market sooner, for better or worse.
Sources
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