Crypto VCs Bet Big on AI: Over $213M Invested in Q3

Venture capital investment in artificial intelligence (AI) within the crypto industry surged in Q3, with a staggering $213 million poured into AI-related projects. This marks a massive 340% year-over-year increase, signaling that crypto VCs are doubling down on AI as a key driver for the next growth phase.

A report by Messari revealed that venture capitalists invested $213 million in AI projects last quarter—a 2.5x increase compared to Q2. These AI initiatives span sectors like decentralized platforms, social networks, DeFi, and DePIN. As AI tokens show potential to outperform meme coins, investors are eyeing this space for its long-term growth potential.

In October, AI-themed discussions reached a record-breaking 50% of investor mindshare, reflecting a growing interest in AI within the crypto space. This coincides with Nvidia's stock hitting new highs, with a 190% surge year-to-date. Nvidia’s influence could drive further momentum for AI tokens, which have already doubled in market cap to $36.7 billion since August.

As investor focus shifts to AI, the sector is poised for explosive growth heading into the next cycle.

Source: Messari (Amount of VCs investing in AI by quarter)
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