Zendesk, a customer engagement software provider, has established a global venture capital fund to invest in early-stage AI-first companies. The company, which was taken private in 2022, aims to enhance its AI offerings by adding more AI-first companies under its umbrella. Zendesk Ventures will focus on investing in startups from seed through Series A stages.
The corporate VC arm of Zendesk, Zendesk Ventures, plans to invest tens of millions of dollars with cheque sizes of up to $1 million in AI startups. The company's CEO, Tom Eggemeier, highlighted the importance of AI in transforming customer and employee service experiences. Zendesk has previously made strategic investments in AI startups and recently announced investments in PolyAI and unitQ.
Geekwire on MSN.com 7month
Geekwire on MSN.com 7month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.