Storage chip giant Micron Technology has announced the launch of the Micron Ventures Paradigm Fund, with a size of $250 million, aimed at investing in startups that drive the development of the next generation of artificial intelligence. This is the largest third fund since the establishment of Micron Ventures, increasing its total capital commitments to $550 million. The fund will cover the entire AI technology stack, including AI model architecture, computing infrastructure, enterprise applications, and physical AI. Micron stated that as AI evolves from generative models to systems with reasoning, action capabilities, and interaction with the real world, the demand for high-performance computing, memory, and storage technologies is changing. The Paradigm Fund aims to establish deeper collaborations with companies driving these technological transformations and to proactively position itself for future AI infrastructure needs. The fund focuses on four key areas: 1. Model Architecture: Promoting innovations in AI model architecture and data infrastructure that will influence future computing, memory, and storage demands; 2. Compute: Including memory computing, next-generation networking technologies, and data center efficiency optimization; 3. Enterprise Applications: Utilizing AI to transform complex industries, including semiconductor design and manufacturing; 4. Physical AI: Covering robotics and new forms of devices, extending AI capabilities into the real world. Micron Ventures previously launched Fund I in 2019 and Fund II in 2022, and the new fund will further strengthen the company's investment layout in the AI ecosystem. Micron believes that the AI era is still in its early stages, and future technological advancements will reshape the way industries operate, with memory and storage becoming key infrastructures supporting the development of the next generation of AI.