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All issuesVolume 303, Issue 2IT Vendor NewsSalesforce

Salesforce Ventures Doubles Down On Generative AI Fund

Salesforce News, Monday, June 12,2023

Salesforce Ventures is expanding its Generative AI Fund, doubling the $250 million fund to $500 million as part of its continuing commitment to bolster the AI startup ecosystem and spark the development of responsible generative AI.

Salesforce Ventures has also increased the number of AI innovators in the fund, adding Humane and Tribble to its AI startup ecosystem.

'We are already seeing AI change the way the world works, and we're excited to build on the momentum of our Generative AI Fund,' said Paul Drews, Managing Partner, Salesforce Ventures. 'Expanding our Generative AI Fund enables us to work with even more entrepreneurs who are accelerating the development of transformative AI solutions for the enterprise, and we are excited to support the next generation of innovative founders.'

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