Ultra-wealthy push AI bets as February funding hits record

1 min read
Source: CNBC
Ultra-wealthy push AI bets as February funding hits record
Photo: CNBC
TL;DR Summary

Despite AI-bubble fears, ultra-wealthy family offices doubled down on AI startups in February, with AI-related rounds totaling $171B and overall startup funding reaching a record $189B; notable bets included Emerson Collective’s $1B World Labs fundraise and Azim Premji’s family office's $315M Runway round, plus Hillspire backing Goodfire, underscoring long‑term optimism about AI returns.

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