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IBM Launches $500 Million Enterprise AI Venture Fund

IBM has unveiled a $500 million venture fund to invest in AI companies, ranging from early-stage startups to high-growth enterprises.

Fund will fuel innovation, strategic partnerships and generate returns by investing in enterprise AI-focused startups Fund demonstrates IBMs continued commitment to the effective and responsible...

The fund's focus is on advancing generative AI technology and research for businesses, from early-stage startups to those in hyper-growth stages.

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. IBM ...

Hugging Face, the open-source AI platform, has raised $235 million in a series D VC funding round, supported by tech giants

/PRNewswire/ -- IBM (NYSE: IBM) and open-source AI platform Hugging Face, today announced that IBM is participating in the $235M series D funding round of...