🤖 Search 5,000+ AI tools Ask our bot for help →

Discover the latest tools and trends in AI 🔮

Join 50,000+ subscribers including Amazon, Apple, Google, and Microsoft employees reading our free newsletter.

[email protected] Subscribe

IBM Unveils New $500 Million Venture Capital Fund

IBM Unveils New $500 Million Venture Capital Fund
IBM Unveils New $500 Million Venture Capital Fund

IBM is steering into the future with their latest strategic move—a $500M venture fund dedicated entirely to boosting AI innovators. Positioned as the lone investor, IBM's fund targets a broad spectrum of AI enterprises, primarily those pushing the envelope in generative AI technology and research for business applications. This hefty capital injection marks a clear commitment to nurturing the growth of AI from the ground floor of startups to the rapid expansion stages.

Comments