Salesforce Launches $250 Million Fund for Generative AI Startups
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Salesforce Inc.’s venture capital arm is launching a $250 million fund, its largest to date, to invest in generative artificial-intelligence startups.
Salesforce Ventures has previously invested in companies that have gone public including Zoom Video Communications Inc., Snowflake Inc. and DocuSign Inc. Such investments may become more important for the software company as large acquisitions appear to be off-the-table due to pressure from activist investors.