Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies.
Artificial intelligence startup Anthropic, the firm behind AI chatbot Claude, has inked a deal with venture capital firm Menlo Ventures to launch a $100 million fund to support up-and-coming AI firms.
In a July 18 statement, Anthropic said it launched the Anthology Fund to support new AI startups innovating with generative AI technology.
Anthropic said the fund would provide support to AI entrepreneurs in five primary areas of development, including infrastructure: novel applications of AI in industries such as healthcare and education, consumer AI solutions, trust and safety tooling, and AI apps and technology that maximize societal benefits.
