Anthropic and Menlo Ventures launch $100 million AI fund to rival OpenAI

Anthropic and Menlo Ventures launched a $100 million fund to support emerging AI startups. The Anthology Fund will back entrepreneurs who use Anthropic’s large language models (LLMs), the companies said on Wednesday. Menlo will provide the money to invest in the startups. Also read: Anthropic CEO says cost to train AI to rise to $100B

Source: Cryptopolitan