SparkLabs, an early-stage venture capital firm that has made a name for itself by investing in OpenAI and many other AI startups such as Vectara, Allganize, Kneron, Anthropic, xAI, Glade, and Lucidya AI, has now launched a new offensive against AI startups around the world, announcing that it has closed a new $50 million fund, AIM AI Fund, which will support its AIM-X accelerator in Saudi Arabia…

SparkLabs, an early-stage venture capital firm known for backing OpenAI and many other well-known AI startups, announced on Tuesday that it has closed a $50 million new fund, the AIM AI Fund. The fund will support its AIM-X accelerator in Saudi Arabia and global...