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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/03\/07\/salesforce-ventures-targets-new-250m-fund-at-generative-ai-startups\/<\/a><\/br> The enterprise is about to get hit by the generative AI hype train, as Salesforce prepares to invest in startups developing what it calls \u201cresponsible generative AI.\u201d<\/p>\n The cloud software giant, via its Salesforce Ventures VC off-shoot, today announced<\/a> a $250 million generative AI investment fund, which it said has already invested in four startups: search engine upstart<\/a> You.com, which introduced<\/a> generative AI smarts a few months back; Anthropic, a heavily VC-backed<\/a> AI startup from former employees of OpenAI, which developed ChatGPT; Cohere, a natural language processing (NLP) startup that recently partnered with Google<\/a>; and a stealthy startup called Hearth.AI<\/a>.<\/p>\n In truth, Salesforce has had a busy day at its annual TrailblazerDX<\/a> developer conference, announcing a generative AI pilot<\/a> they\u2019re calling Einstein GPT, which brings ChatGPT-like features to the broader Salesforce platform. This includes a new ChatGPT app for Slack<\/a>, promising conversation summaries and writing assistance directly inside the enterprise communications app.<\/p>\n ChatGPT<\/a>, for the uninitiated, is a chatbot-like technology trained on large language models (LLMs) that can generate essays, poems, lyrics, articles and more from simple natural-language instructions.<\/p>\n Salesforce Ventures has launched a bunch of vertical-specific investment funds through the years, including funds aimed at particular geographies such as Japan<\/a> or Canada<\/a>. It has also previously launched a dedicated AI fund<\/a>, targeting startups building AI smarts on top of Salesforce.<\/p>\n So it perhaps should come as little surprise that Salesforce Ventures is now looking to invest in companies working on what is one of the buzziest tech trends in recent times.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nSalesforce Ventures targets new $250M fund at generative AI startups<\/br>
\n2023-03-08 22:49:08<\/br><\/p>\n