Salesforce pledges to invest $500M in generative AI startups
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.”
Salesforce pledges to invest $500M in generative AI startups
Jun 12, 2023, 2:19pm UTC
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.”