Kleiner Perkins raises $3.5 billion to fund investments in the artificial intelligence market

Gate News Report, March 25 — Venture capital firm Kleiner Perkins announced it has raised $3.5 billion to support the artificial intelligence market. The fundraising includes $1 billion for its KP22 fund and $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that the current market fundamentals are favorable for expanding investment, and the market is still in the early stages of development. AI is helping today’s startups iterate and grow at an unprecedented pace.

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