{"id":17927,"date":"2024-10-21T10:48:39","date_gmt":"2024-10-21T07:48:39","guid":{"rendered":"https:\/\/forklog.com\/en\/crypto-venture-investors-turn-to-ai-projects\/"},"modified":"2024-10-21T10:48:39","modified_gmt":"2024-10-21T07:48:39","slug":"crypto-venture-investors-turn-to-ai-projects","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-venture-investors-turn-to-ai-projects\/","title":{"rendered":"Crypto Venture Investors Turn to AI Projects"},"content":{"rendered":"<p>In the third quarter of 2024, crypto venture investors allocated $213 million to AI-related projects, according to a report by <a href=\"https:\/\/messari.io\/report\/q3-2024-fundraising\">Messari<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXecllPtH-1AXoi7c63WfaGv7XBFOVNFVkC4QwZkZqS090leaoV-5EaYaf_x82u-ihmRnpVnQsFvOm1JToGgJq4uAek_uIh6WFa9XMN2rwayEuUvda2VmZJZfGIN6qKQKvgQQr0c0z05eLzuxH311DKMTXo4?key=QSLjEejd0AULvraFsDivcA\" alt=\"Crypto venture investors turn to AI projects\"\/><figcaption class=\"wp-element-caption\">Investment trends in AI projects. Source: Messari.<\/figcaption><\/figure>\n<p>This marks a 340% increase from the previous year and a 250% rise from the prior reporting period.<\/p>\n<p>Investments are directed towards various sectors such as decentralized platforms, social networks, DeFi, <a href=\"https:\/\/forklog.com\/en\/news\/tokens-for-noise-and-a-web3-alternative-to-google-maps-the-most-interesting-depin-projects\">DePIN<\/a>, and others.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAlthough the total venture funding in the third quarter of 2024, amounting to $3.8 billion, slightly decreased compared to previous quarters, the strong focus on AI and DePIN indicates that venture capitalists are positioning themselves for long-term growth in sectors they believe will define the next phase of the crypto industry,\u201d experts noted.\u00a0<\/p>\n<\/blockquote>\n<p>Beyond the digital asset sector, total investments in generative AI reached $3.9 billion across 206 deals, according to PitchBook, as reported by <a href=\"https:\/\/techcrunch.com\/2024\/10\/20\/investments-in-generative-ai-startups-topped-3-9b-in-q3-2024\/\">TechCrunch<\/a>. However, this does not include OpenAI&#8217;s deal, which in early October raised $6.6 billion at a valuation of $157 billion.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Growing Interest in AI<\/strong><\/h2>\n<p>In October, discussions on AI-related topics increased by 50%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcHeeki65wxtQG7FzDHguSzXFAty__DPJKlBmT12ObcIfO_bXOH3qizMwGSysOSmU3-4iBas4b9PNQyX0FB-vYHNGEX1EO6Wmj1EnQOQ8_eZTehd9xBDdLXbFfgukC9oIbg29PW7AxbzQFb03KkGPM6MAKF?key=QSLjEejd0AULvraFsDivcA\" alt=\"Crypto venture investors turn to AI projects\"\/><figcaption class=\"wp-element-caption\">AI&#8217;s popularity is now higher than ever. Source: <a href=\"https:\/\/x.com\/_kaitoai\/status\/1847929733788381417\">Kaito AI<\/a>.<\/figcaption><\/figure>\n<p>This positive trend coincided with Nvidia&#8217;s stock reaching a new all-time high. The company is a key beneficiary of the AI boom due to its chip sales to technology-focused startups.\u00a0<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklogAI\/5318\" data-width=\"100%\"><\/script><\/p>\n<p>Back in August, Binance Labs&#8217; investment director Max Konilio <a href=\"https:\/\/forklog.com\/en\/news\/binance-labs-highlights-the-synergy-of-ai-and-blockchain\">explained the reasons<\/a> for the company&#8217;s dive into the artificial intelligence sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the third quarter of 2024, crypto venture investors allocated $213 million to AI-related projects, according to a report by Messari.\u00a0 Investment trends in AI projects. Source: Messari. This marks a 340% increase from the previous year and a 250% rise from the prior reporting period. Investments are directed towards various sectors such as decentralized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1468,1133],"class_list":["post-17927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-messari","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17927"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17926"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}