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Disruptive, a firm known for backing AI startups, has raised a $10 billion fund. The capital will be deployed across at least 10 companies, according to reporting on the fund's announcement.
The firm has previously invested in notable AI companies including Groq, a chip startup building AI processors, and ElevenLabs, which develops AI voice-generation technology. The new fund signals continued confidence in the AI startup ecosystem and the venture firm's ability to identify promising early-stage companies in the space.
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