https://techcrunch.com/2023/06/12/salesforce-pledges-to-invest-500m-in-generative-ai-startups/

Showing it’s playing for keeps in the generative AI race, Salesforce today announced that it’s growing its Generative AI Fund, the part of the company’s Salesforce Ventures VC off-shoot backing startups developing “responsible generative AI,” from $250 million in size to $500 million.

In a canned statement, Salesforce Ventures managing partner Paul Drews said that the expansion would enable Salesforce to “work with even more entrepreneurs … accelerating the development of transformative AI solutions for the enterprise.”