IBM launches $500 million venture fund to back enterprise AI startups

IBM has announced a new $500 million venture fund focused on investing in artificial intelligence startups. The Enterprise AI Venture Fund will be the sole investor, targeting companies that help businesses worldwide realize the potential of AI technology. Rob Thomas, IBMs senior vice president of software and chief commercial officer, projects that the AI industry [] The post IBM launches $500 million venture fund to back enterprise AI startups appeared first on Techpinions.