VC Firms Lean on AI for More Than Just Returns
Veteran venture capitalist Tim Draper at a 2024 conference.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kate Clark reports on how venture capital firms are using artificial intelligence technology as they flood AI startups with money.
OpenAI acquisition: The artificial intelligence company acquired Software Applications, a startup founded by former Apple employees that is building an AI-powered interface of Mac desktops.