IBM debuts a $500M enterprise AI venture fund, to invest in startups across stages, with no set target of annual investments or capital deployment timeline (Kia Kokalitcheva/Axios)

IBM debuts a $500M enterprise AI venture fund, to invest in startups across stages, with no set target of annual investments or capital deployment timeline (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios:
IBM debuts a $500M enterprise AI venture fund, to invest in startups across stages, with no set target of annual investments or capital deployment timeline  —  IBM is dedicating $500 million to invest in generative AI startups focused on business customers.