Corporate venture-capital investors are writing bigger checks to fast-track the growth of artificial-intelligence startups, prompted by demand from businesses for ChatGPT-like generative AI tools, investors and analysts said.
The median amount of capital corporate VCs contributed to funding deals for AI startups globally over the first quarter was $23.3 million, up roughly 37% from the median amount of $17 million in full-year 2022, according to market research firm CB Insights. Corporate investors contributed to about 19%…
This article was written by and originally published on www.wsj.com