Menlo Ventures completes US$1.35 billion in new funding, mainly investing in next-generation AI startups

Odaily News Venture capital firm Menlo Ventures announced that it has raised US$1.35 billion in new funds, mainly investing in a new generation of artificial intelligence startups. In addition, the announcement also mentioned that Amy Wu, the former head of FTX Ventures, has joined Menlo Ventures and will be responsible for consumer investments together with Shawn Carolan.