Bloomberg: Kleiner Perkins Raises $3.5 Billion to Boost AI Market Investments

Odaily News Venture capital giant Kleiner Perkins announced it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion for its KP22 fund and $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that current market fundamentals are favorable for scaling up investments, the market development is still in its early stages, and artificial intelligence is helping today's startups iterate and grow at an unprecedented pace. (Bloomberg)