Sapphire Ventures plans to invest over $1B in enterprise AI startups

TechCrunch
By Kyle WiggersJul 11, 2023, 12:19 pm363 pts
VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports that the $1 billion in capital will come from Sapphire’s existing funds, which have $10 billion under…

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