Becker's Healthcare July 16, 2019
In stark contrast to growing concerns over what the expansion of artificial intelligence will do to society, large tech investors are focused primarily on fostering that expansion by pouring millions of dollars into AI-powered tech startups, CNBC reports.
Dell Technologies Capital, Dell’s Palo Alto, Calif.-based venture arm, for example, has spent more than $600 million on around 100 investments in the past six years. “Our goal is to get a window on innovation,” Scott Darling, president of the firm, said. “We need to plug into the external entrepreneurial ecosystem. This is so important, since the pace of technology is stunning.”
Microsoft’s own venture fund,...
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