Jump Capital lands $350M fund for AI bets

What's the deal? Jump CapitalDealroom has a profile for this one. Try Dealroom → has raised a $350 million fund to invest in AI, according to a report from The Information.

Who's behind it? Jump Capital spun off its cryptocurrency team in 2021 into Jump Crypto, the digital asset arm of Jump TradingDealroom has a profile for this one. Try Dealroom →. The new vehicle marks a pivot in focus toward artificial intelligence.

The signal: The fund adds to a wave of capital chasing AI startups, as firms with roots in trading and crypto broaden their bets to the sector drawing the most investor attention.

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