Salesforce Ventures ups its AI fund to $1 billion, doubling it again
salesforce(CRM) TechCrunch·2024-09-17 02:28
As part of Salesforce’s massive tech conference, Dreamforce, taking place this week in San Francisco, its VC arm, Salesforce Ventures just announced a new $500 million fund dedicated to AI companies. This is significant for several reasons. First, in June 2023, Salesforce Ventures doubled its AI fund from $250 to $500, so the additional $500 million brings the AI fund to $1 billion. This compares to $5 billion total deployed in its first 15 years, since its 2009 launch. Salesforce Ventures is also among the ...