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Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets

Sept 28 (Reuters) - Seligman Investments has ⁠doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that the ⁠physical bottlenecks of the artificial intelligence buildout will produce the next wave of large technology companies, its executives told Reuters.

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Seligman Ventures doubles capital to $1 billion as AI boom revives hardware bets

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: The Star
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