AMP version
Jay-Z Invests In Multi-Million Dollar Smart-Home Company

Jay-Z Invests In Multi-Million Dollar Smart-Home Company

Jay-Z and his venture capital firm, Marcy Ventures Partners, have been on a roll with their hands in multiple business ventures.

The firm, co-founded by Hov, Jay Brown, and Larry Marcus have been very busy in 2021 as they invested in NBA player Chris Paul’s vegan cheese company as well as investing in the NFT industry. 

According to a report from GeekWire on Friday (September 17), smart-home device company, Wyze, has benefited from a $110 million investment from the Jay-Z owned firm. 

“We are doubling down and investing heavily to build world-class artificial intelligence into our camera products,” Wyze co-founder and Chief Marketing Officer Dave Crosby told GeekWire. “Just in the last year, our AI team has built person detection, vehicle detection, package detection and pet detection into our cameras. “Right now, we have AI features in the works that we truly think will be game-changing for any camera, let alone one that costs less than $36.”

Marcy Ventures Partners also plans on working with some companies in the fitness industry in the near future. Recently it was rumored that Jay was interested in partial ownership of the Denver Broncos, although the Brooklyn emcees team later denied those rumors. 

Hov continues to break down barriers in both hip-hop culture and the business world. Fans of his can’t wait to see what will do next. 


Dave Chappelle attends the Dior Homme Fall/Winter 2022/2023 show as part of Paris Fashion Week on January 21, 2022 in Paris, France. news

Dave Chappelle Performs With Talib Kweli, Yasiin Bey In Paris

Master P performs during 2021 Astroworld Festival at NRG Park on November 05, 2021 in Houston, Texas. news

Master P Addresses Claim That He's "Broke": "It's Rich People and It's Wealthy People"

Ye arrives to the arena for the fight between Jamel Herring and Shakur Stevenson at State Farm Arena on October 23, 2021 in Atlanta, Georgia. news

Is Kanye Jumping to Jumpman?

Regina King and Ian Alexander Sr. attend the 2019 American Music Awards at Microsoft Theater on November 24, 2019 in Los Angeles, California. news

Oscar Winner Regina King's Son Dead at 26: "My Heart Breaks For You"