IBM (NYSE: IBM) today announced that it is launching a $500 million venture fund to invest in a range of AI companies – from early-stage to hyper-growth startups – focused on accelerating generative AI technology and research for the enterprise.
How AI and Data Science Can Modify the VC Industry
August 3, 2022 by Leave a Comment
In this contributed article, Jonathan Serfaty, Head of Data Science, Telstra Ventures, discusses how Venture Capital (VC) is one of the most powerful mechanisms in modern society for catalyzing innovation – particularly in technology – however, ironically, the VC industry itself is not particularly innovative. The truth is that the VC’s have been slow to adopt the AI technologies they help fund.
