Depending on where you sit in the investment world, the venture capital business is either in rude health or facing something of an existential crisis.
Like many people in tech these days, start-up investors have backed artificial intelligence to the hilt. The latest evidence came with this week’s news that Databricks, a provider of software to gather and analyse large volumes of data, has raised another $10bn, one of the largest private investment rounds ever.
Their willingness to put up the kind of large amounts that would once have required Wall Street involvement shows how some of the biggest venture investors are navigating the AI boom with a distinct swagger.
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