On July 8, according to Bloomberg, Paradigm, a venture capital firm founded by cryptocurrency investment institutions, has raised a new fund of $1.2 billion, which will further expand its investment scope beyond the crypto industry to areas such as artificial intelligence (AI) and robotics in the future. The fund, to be officially announced on Wednesday, is the third venture capital fund raised by Paradigm since its inception.
Paradigm's expansion of investment to AI comes at a time when the financing boom for AI startups continues to heat up, while investment activities related to cryptocurrencies have experienced a period of downturn.[律动]