David Bogoslaw
Venture investors are bullish about AI agents, which are said to "achieve near-human cognition in many areas" and are expected to be adopted quickly in the enterprise.
Mountside Ventures’ new accelerator program is the first in Europe specifically geared to emerging VCs, who are struggling to secure commitments from limited partners.
CRV says valuations are too high to justify continued investment from its opportunity fund, but other VCs say they are still seeing plenty of good follow-on deals.
Since its launch in 2012, the firm has backed a host of iconic companies, including Zoom, Twitter, Square, Coinbase and Palantir.
The $865m fund will be invested by a new growth team led by former TCV general partner Shalini Rao and including alumni of Bessemer Venture Partners, EQT Group, Insight Partners and Bond.
"When firms like TPG are coming in to provide the finance for the facilities, that's a market signal that these projects are bankable" says Robert Ethier of Impact Science Ventures.
In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.
Magnetar Capital is taking an unusual approach with its debut venture fund, offering compute time in lieu of cash to AI start-ups.
The global computer outage caused by CrowdStrike is raising awareness among VCs of the risk of over-reliance on any one service provider, including data centers.
The fifth and final part of our data center series explores niche options that investors hope will help data centers be less of a drain on global resources.