Ibm launches $500 million enterprise ai venture fund

Fund will fuel innovation, strategic partnerships and generate returns by investing in enterprise ai-focused startups fund demonstrates ibm's continued commitment to the effective and responsible deployment of ai armonk, n.y. , nov. 7, 2023 /prnewswire/ -- ibm (nyse: ibm) today announced that it is launching a $500 million venture fund to invest in a range of ai companies - from early-stage to hyper-growth startups - focused on accelerating generative ai technology and research for the enterprise.
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