Friday, June 24, 2022

VC firm Fundamental VC launches maiden fund; target corpus of $130 million

The sector-agnostic fund will invest in pre-seed and seed rounds across consumer internet, healthcare, insurance, financial services, Software as a Service, gaming, and artificial intelligence, a senior executive told ET.

from Tech-Economic Times https://ift.tt/kzLTmlX

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...