Gradient, the AI-focused venture firm backed by Google, raised $220 million, Fortune reported on March 17, under the headline that the Google-backed AI investors nobody took seriously in 2017 had raised the new fund. The headline is the detail we can confirm.
Corporate-linked funds are one of several types of AI investor, alongside sovereign vehicles like MGX's $49 billion fund and traditional firms such as Bessemer and Kleiner Perkins.
Source: Fortune