Paradigm co-founder Matt Huang launches $1.2 billion fund targeting crypto, AI, and robotics

Matt Huang said on X that Paradigm has raised its fourth fund, a $1.2 billion vehicle to "invest and build in crypto, AI, robotics, and other areas of the technical frontier," and pointed readers to Paradigm's announcement video on X. The post matters because it presents the firm as widening its scope beyond its crypto identity and into a broader deep-tech pitch, at least in its own framing. So far, the public source in view is Paradigm's own X post and Huang's repost of it.