SShortSingh.
Back to feed

Bain Capital Ventures to Deploy $1.6B Fund on AGI and AI Infrastructure

0
·7 views

Bain Capital Ventures (BCV) has raised a new fund worth $1.6 billion, targeting early-stage technology startups. The firm plans to focus its investments on founders working with artificial general intelligence (AGI). A key priority is also backing companies building the infrastructure needed to run AGI systems efficiently. The fund signals growing institutional confidence in the long-term potential of advanced AI development.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
TechnologyTechCrunch ·

AI Agents Instinct and Meta's Muse Gain Ability to Make Phone Calls

Two competing AI assistants, Instinct and Meta's Muse, have both added phone-calling capabilities to their platforms. The new feature allows users to delegate real-world tasks to these AI agents without making calls themselves. Practical use cases include making restaurant reservations and cancelling unwanted subscriptions. The simultaneous rollout by rival platforms signals a growing trend of AI assistants taking on more autonomous, action-oriented roles in daily life.

0
TechnologyTechCrunch ·

Google, Nvidia and Anthropic join coalition to secure 100 GW for data centers

A newly formed coalition comprising Google, Nvidia, Anthropic, and Emerald AI has set an ambitious goal of identifying 100 gigawatts of electrical grid capacity for new data center construction. The initiative is being led by Emerald AI, which is focused on sourcing available grid space to meet surging demand for AI infrastructure. The involvement of major tech and AI firms signals growing industry urgency around securing reliable power for large-scale computing facilities. As AI workloads expand rapidly, access to sufficient grid capacity has become a critical bottleneck for the sector.

0
TechnologyTechCrunch ·

Lucid Motors in Early Talks with Bolt for European Robotaxi Partnership

Lucid Motors is exploring a potential robotaxi partnership with European mobility platform Bolt. The collaboration would target the European market, where Bolt already operates as a ride-hailing service. However, the deal remains in early stages, as no vehicle orders have been placed by either party yet. The partnership, if formalized, could mark a significant step for Lucid in expanding its presence beyond personal electric vehicles.

0
TechnologyThe Verge ·

Bose Unveils Second-Gen Ultra Open Earbuds With Better Sound and Battery

Bose has announced the Ultra Open Earbuds (2nd Gen), a follow-up to the clip-on wireless earbuds it launched roughly two and a half years ago. The updated model brings improvements in sound quality, bass, volume, and battery life alongside a subtle redesign. Bose is also introducing the Sport Open Earbuds, a more affordable option engineered for a secure fit during physical activity. The second-generation Ultra Open Earbuds will open for preorders on September 19th, priced at $299, with units shipping from October 1st. Multiple color options will be available at launch.