
Bessemer pledges USD 1bn for global AI deals

Bessemer Venture Partners, a US-based early-stage investor currently expanding a longstanding presence in India, has earmarked USD 1bn for artificial intelligence (AI) start-ups globally.
It comes as the advent of sophisticated chatbots, such as ChatGPT, has intensified investor interest in AI development. Indeed, Bessemer's announcement coincided with the launch of its own chatbot, ChatBVP....
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