Venture Fund

IBM has announced a $500 million Enterprise AI Venture Fund to invest in a variety of AI companies, from startups to high-growth enterprises. This move is IBM's latest investment in the field of artificial intelligence and aims to promote the research and development of generative artificial intelligence (GenAI) technology in the enterprise. The goal of IBM's Enterprise AI Venture Fund is to accelerate the research and development of generative artificial intelligence technology in the enterprise. IBM will leverage its domain expertise and dedicated portfolio development team to identify and support leaders who will help realize the full potential of artificial intelligence in the enterprise. This…