Ripple Founder Pivots $1 Billion From XRP Fortune Into New Investment

Jed McCaleb, the founder of Ripple and Stellar (XLM), has announced plans to redirect a whopping $1 billion from his XRP fortune into a new investment outside the cryptocurrency space. The crypto founder and Silicon Valley billionaire is now turning his focus toward Artificial General Intelligence (AGI), aiming to build an AI system based on the human brain. Ripple Founder To Invest $1 Billion Into AI Research In an interview with Forbes, McCaleb disclosed plans to allocate approximately $1 billion from his estimated $3.9 billion in XRP holdings to fund efforts focused on AGI. The move comes after he previously dropped $1 billion to build a private space station in 2025. Related Reading: XRP Expert Says The Moment Has Finally Come, Here’s What He Means The new investment is expected to come through the Astera Institute, a non-profit research organization based in California that McCaleb founded. Recently, the institute has increased its focus on neuroscience-inspired approaches to AI d