Investment firm Paradigm said its fourth fund will back AI, robotics, and crypto startups as it broadens beyond digital assets.

Paradigm is raising up to $1.5 billion for a new fund targeting AI and robotics, marking a major expansion beyond its crypto-native roots.

The firm's latest fund backs AI and robotics startups but leadership says it remains committed to crypto investing.

Bloomberg reports that Paradigm raised $1.2B fund to bet on AI, robotics beyond crypto, per Rebecca Torrence.

Paradigm, uno dei fondi di venture capital più noti nel mondo crypto, ha appena alzato il tiro: 1,2 miliardi di dollari raccolti per un nuovo fondo dedicato all’intelligenza…

Paradigm closed a $1.2 billion AI and robotics fund, expanding beyond crypto with investments in Zipline and True Anomaly while maintaining its digital

Paradigm, the VC firm founded in 2018 to back crypto startups, raised a $1.2 billion Fund III.

Crypto venture firm Paradigm has raised its fourth fund, a $1.2 billion vehicle that will invest in crypto, AI, robotics, and other startups.

Paradigm co-founder Matt Huang said the crypto venture firm raised $1.2 billion for its fourth fund, targeting crypto, AI and robotics investments.

Investment firm Paradigm said its fourth fund will back AI, robotics, and crypto startups as it broadens beyond digital assets.

Paradigm, which has raised over $4 billion to invest in crypto since 2018, is moving into AI for the first time as it seeks to invest in the estimated $540 billion industry.

Paradigm has closed a $1.2 billion fourth fund to expand into artificial intelligence and robotics.