Paradigm targets $1.5B vehicle to back AI, robotics and frontier tech, WSJ says

Paradigm is seeking to raise a new 1.5 billion dollar fund to invest in AI, robotics and other frontier technologies, according to the Wall Street Journal. The San Francisco firm, which reports 12.7 billion dollars in assets under management, will keep backing crypto while its technical team evaluates frontier‑tech deals; earlier vehicles include a 2.5 billion dollar flagship launched in November 2021 and an 850 million dollar early‑stage fund announced in 2024.