AI bets fuel $10 billion megafund
📡 Barrons · 1 min read ·
Part of composite article AI Gold Rush: Chipmakers Pour $5 Billion Into Vietnam, $30 Billion Into Japan, and $10 Billion Into a Single Fund View full article →
A Dallas venture firm is raising a $10 billion megafund after successful bets on hot AI startups.
The firm is behind Groq, a chip startup. Its winning investments have pushed it into a small group of firms raising gigantic funds.