Silicon Valley venture capitalists are racing to get into
In the most recent quarter, VCs spent less on crypto and digital asset companies than at any point since 2020, according to data from the research firm PitchBook. At the same time, the total global value of investments in AI for the April-June period was higher than crypto even at its peak.
The numbers reflect the recent tendency of many tech investors — even those who once backed crypto — to move away from the scandal-plagued digital asset industry toward the latest advances in ...
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