Venture capital firm Greylock Partners introduced Greylock 18, a new $1.5 billion venture fund aimed at investing at the earliest stages of artificial intelligence startups.
The firm said the vehicle is designed to support AI-native teams across multiple sectors, from core infrastructure to consumer and fintech, Pulse 2.0 reported.
Greylock plans to concentrate on a small number of new bets each year, with partners typically making only one to two fresh investments annually.
The company framed that pace as a way to stay deeply involved with founders as companies move from formation through scaling and, in some cases, public listings.
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