Menlo Ventures Secures $1.35B for AI-Focused Investment Funds
![Menlo Ventures Secures $1.35B for AI-Focused Investment Funds](/content/images/size/w2000/auto/chatcmpl-90HRQs0295deFO7eSGd41TDWdplJ2.jpeg)
Menlo Ventures, the venture capital stalwart, has successfully amassed $1.35 billion to fuel two new funds dedicated to artificial intelligence advancements. This hefty sum will empower both the Menlo XVI and Menlo Inflection III funds, driving investment in cutting-edge technology firms at the forefront of the AI revolution.