News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
What Do VCs Look For In An AI (Artificial Intelligence) Deal?
Aug 3, 2019
By Tom Taulli
Recently SoftBank Group launched its latest fund, called Vision Fund 2, which has $108 billion in assets. The focus: It’s primarily on making investments in AI (Artificial Intelligence). No doubt, the fund will have a huge impact on the industry.
But of course, VCs are not the only ones ramping up their investments. So are mega tech companies. For example, Microsoft has announced a $1 billion equity stake in OpenAI (here’s a post I wrote for Forbes.com on the deal).