Animoca Brands Launches $10M Fund for Agentic AI
- Animoca Brands has initiated a $10 million fund to invest in early-stage agentic AI infrastructure.
- Yat Siu anticipates the $900 billion advertising industry will transition to AI agents, enhancing discovery through blockchain networks.
- Siu projects a potential productivity increase of up to a thousand times in AI, advising retail investors to diversify across a wide range of companies.
- The current state of agentic AI is likened to early investments in OpenAI or Anthropic five years ago, suggesting significant growth potential.
Yat Siu emphasizes the transformative potential of agentic AI, predicting major shifts in industries like advertising and urging investors to consider broad exposure across numerous AI companies. This strategy mirrors early investment opportunities seen in previous tech waves such as gaming and NFTs.
With Animoca Brands’ new fund targeting the burgeoning field of agentic AI, stakeholders are encouraged to capitalize on this emerging technology’s projected exponential productivity gains and market impact. (Source)
