Cloud-based software company Salesforce's venture division, Salesforce Ventures, announced a $250M fund to back enterprise-focused generative AI startups.
The announcement came as Salesforce launched its own generative AI platform called Einstein GPT.
Salesforce announced the integration of OpenAI's ChatGPT into its workplace communication platform Slack.
- Salesforce Ventures has already invested in AI-powered search engine You.com, chatbot developer Anthropic, natural language processing model provider Cohere, and relationship management platform Hearth.AI.
- Its latest fund adds to its existing $50M AI-focused fund launched in 2017.
- Salesforce Ventures has launched several sector-specific funds over the years.
