The A.I. Daily
Disruptive closes $10 billion fund for AI, defense startups
Dallas-based investment firm Disruptive has raised a $10 billion fund to back later-stage AI, defense and software startups, planning to put about $1 billion each into 10 companies. The megafund doubles its total assets under management and shifts it from deal-by-deal special-purpose vehicles to a single fund invested at its own discretion.