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Today: June 28, 2024
February 24, 2024
1 min read

AI and Web3: Investors Hunt for Visible Impact Opportunities


TLDR:

Investors are increasingly focusing on visible impact through AI and Web3 infrastructure investments. VC firms like Hack VC and a16z are raising significant funds to support early-stage Web3 opportunities and crypto startups. However, the AI sector continues to attract larger amounts of funding, with companies like Menlo Ventures raising billions for AI-focused ventures. The focus on infrastructure plays in both AI and crypto sectors indicates a shift towards building foundational ecosystems rather than service providers. While the crypto space has seen some failures and controversies, the money is now moving towards AI investments, believed to offer more tangible utility.

Key Points:

  • VC firms investing in early-stage Web3 opportunities and crypto startups
  • Focus on infrastructure plays in both AI and crypto sectors

When it comes to the venture capital landscape, tech investors are showing interest in AI and Web3 infrastructure investments. Hack VC recently closed a $150 million fund to support Web3 opportunities, while a16z invested $100 million in a crypto startup. However, AI startups continue to attract substantial funding, with Menlo Ventures raising $1.35 billion for AI-focused ventures. This shift towards infrastructure plays in AI and crypto indicates a move towards building foundational ecosystems rather than service providers.

While the crypto sector has seen some high-profile failures and controversies, the attention and funding are now shifting towards AI, which is viewed as offering more tangible utility. Despite the challenges faced by some crypto firms, the VC landscape remains dynamic as investors seek visible impact in both AI and Web3 infrastructure investments.


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