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The Silicon Valley-based technology investor said its venture arm has raised deployable capital from $500 million to $1 billion less than a year after launch. The firm said it has invested over $300 million across 14 bets, mainly in AI hardware, connectivity and cybersecurity.
By Krystal HuSeligman 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 Reut…