Salesforce Ventures has announced a new $250 million fund that will invest in startups working on generative artificial intelligence (AI) technologies. The fund will focus on companies working on natural language processing, computer vision, and machine learning.
The fund will invest in AI platforms and tools that can be used by other businesses. Salesforce Ventures plans to partner with the startups in the fund to help accelerate their growth and bring their products to market. The launch of this new fund highlights the growing interest in generative AI and its potential to transform various industries.
This fund will accelerate our commitment to fostering the next generation of innovation and we’re excited to see how these companies reinvent how the world works. — the company wrote in its announcement.