CTalkOurCrowd’s new AI Fund is leaning into “the new rage” among investors
CTalk
OurCrowd’s new AI Fund is leaning into “the new rage” among investors
“When ChatGPT came out we pretty much decided we're going to do a dedicated fund for AI,” said Caleb (Cali) Chill, Partner and Chief Investment Officer at OurCrowd.
Caleb Chill
(Photo: Go-Live )
“The AI Fund was put together about a year ago when OurCrowd, obviously together with a lot of other VCs, identified that AI is a new rage,” said Partner and Chief Investment Officer Caleb (Cali) Chill. “When ChatGPT came out we pretty much decided we're going to do a dedicated fund for AI.”
The fund invests across the different layers of AI. For example, OurCrowd invests in infrastructure companies like Hailo, which does chip manufacturing for the edge. It also has a big unnamed LLM company which it’s keeping quiet for now, but will be revealed soon.
“Because the compute power is so large and on-demand, there's going to be more and more companies that are going to find ways to cheapen the computing power, make it a lot more productive, more effective, and probably also more environment friendly,” Chill added. “These are infrastructure companies that are really making things a lot more productive and a lot cheaper for putting these GPUs into data centers and allowing everybody to benefit from AI.”
You can watch the entire exchange in the video above.
