Crypto hedge fund Pantera Capital to invest $200 million in AI
Cryptocurrency hedge fund Pantera Capital is raising a new fund worth $1 billion. Portfolio manager Cosmo Jiang said that over $200 million will be specifically allocated to artificial intelligence, and he is actively seeking projects that use AI to promote blockchain business. In addition, he said that an early fund has already invested about 15% to 20% of its capital in blockchain projects related to AI, and the new fund is expected to invest even more.
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