Paradigm raises $1.5B fund to push beyond crypto into AI and robotics

Paradigm has raised a fund valued between $1.2 billion and $1.5 billion to expand its investment focus beyond crypto. The venture capital firm is now targeting AI and robotics, reflecting a broader industry trend of diversifying into frontier technologies. This strategic shift aims to enhance investor appeal by broadening the scope of their portfolio beyond digital assets, signaling a significant move toward integrating advanced robotics and artificial intelligence into their investment strategy.