Encrypted wind to the giant Paradigm to raise $1.2 billion to bet AI

On 8 July, Paradigm Venture Investment, a risk investment company focused on encrypted currency, had raised new funds totalling approximately $1.2 billion and would invest in other areas, including artificial intelligence and robotics. This was the third venture capital tool established by the company, and Paradigm decided to expand its investment base as a result of the surge in the financing activities of artificial intelligence start-ups and the decline in encryption-related investments。