![Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvMDZkODFmZDYtNTEzZi00ZTJlLWI1OGUtNzFjMzFmMWI3ODJlLmpwZw==.jpg)
Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2.
Layer-2 blockchains and infrastructure projects are among the big winners as blockchain venture capital (VC) spending rose to $2.7 billion in the second quarter of 2024.
Decentralized social media, decentralized physical infrastructure networks and decentralized science are some of the hot areas currently gaining traction.
However, some big-name VCs are starting to cool on artificial intelligence after revenue and demand failed to materialize.
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Author: Robert D. Knight