Crypto hedge fund Pantera to pour $200m into AI: ‘Everyone will be using AI’

Pantera Capital, managed by Cosmo Jiang, is raising a $1 billion fund to invest in AI and blockchain ventures. Jiang, noting AI’s inevitable integration, highlights the potential of blockchain in enhancing AI’s capabilities. Previous funds allocated 15-20% to AI-adjacent projects, with expectations for increased investment. Pantera’s strategy focuses on genuine innovation rather than opportunistic entrepreneurship. This initiative aligns with industry trends predicting significant economic impact from AI and crypto integration.

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