Crypto venture capital giant Paradigm raises $1.2 billion to bet on AI

Golden Finance reported that on July 8, Paradigm, a crypto-focused venture capital firm, has raised a new fund of approximately $1.2 billion and will invest in other areas including artificial intelligence and robotics. This is the company's third venture capital vehicle, and due to the surge in financing activities for AI startups and a decline in crypto-related investments, Paradigm decided to expand its investment scope.
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