Paradigm’s $1.2 B Fund Shifts Toward AI, Robotics While Keeping Crypto Core
Paradigm closed a $1.2 billion fourth fund that will back AI, robotics, and other frontier tech while still backing crypto infrastructure. The move signals a strategic pivot as the firm rides the AI boom and diversifies beyond a market that’s facing headwinds. Early bets already include drone delivery startup Zipline and space venture True Anomaly.