While the convergence of crypto and AI is in its infancy, it has already garnered significant investor interest. So far in 2023, venture capitalists have invested $422 million specifically in crypto applications related to AI, privacy and identity. Notable raises include Worldcoin, a verification and identity-based protocol that raised $115 million in a Series C round, and Auradine, an AI and privacy-focused web3 infrastructure solution that secured $81 million in Series A funding.
