Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Instagram Outage Disrupts Thousands of U.S. Users 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
International Business Machines Corporation or simply IBM unveiled its newest Investment plan for artificial intelligence. The American technology firm said it has launched a $500 million venture fund to invest in AI companies including both established ones and startups.
IBM’s latest funding move builds on its other recent investments and product developments that placed the brand in a position where it can help enterprises to cautiously and securely adopt generative AI (GenAI). Moreover, CoinTelegraph reported that the new fund also follows the company’s participation in a $235 million Series D funding round for Hugging Face generative AI firm in August.
IBM AI Enterprise Venture Fund - What It Is?
IBM set up the AI Enterprise Venture Fund to scale up innovation and bring out returns by providing funds to startups that boost generative AI technology and research for businesses. This funding is dedicated to enterprise AI and the company will distribute the investments to different types of startups working on the advancement of generative AI tech.
IBM’s enterprise AI fund is also expected to further fuel innovative technology and open new strategic partnerships while generating returns at the same time. Overall, the investment shows the company’s firm commitment to the efficient and responsible distribution or stationing of AI.
"AI is slated to unlock nearly $16 trillion in productivity by 2030. With the launch of the IBM Enterprise AI Venture Fund, we're opening another channel to harness the enormous potential of the AI revolution into tangible, positive outcomes for IBM and the companies we invest in," IBM’s senior vice president, software and chief commercial officer, Rob Thomas, said in a press release. "This fund is yet another way we're doubling down on our commitment to responsible AI innovation through Watsonx and helping organizations put this transformational technology to work."
Photo by: Carson Masterson/Unsplash
