Visa rolls out $10- million funding for gen AI start-ups
Visa, the trusted leader in digital payments, has rolled out a US$100-million venture fund for generative artificial intelligence start-ups, joining a list of investors who have flocked to the sector this year. Other high-profile tech giants that have backed the AI space include Microsoft and Google, which is the now hype in technology circles this
Visa-rolls-out-10-million-funding-for-gen-AI-start-ups
Visa, the trusted leader in digital payments, has rolled out a US$100-million venture fund for generative artificial intelligence start-ups, joining a list of investors who have flocked to the sector this year.
Other high-profile tech giants that have backed the AI space include Microsoft and Google, which is the now hype in technology circles this year, after chatbot ChatGPT’s popularity.
The company’s chief product and strategy officer, Jack Forestell in a statement said: “While much of generative AI so far has been focused on tasks and content creation, this technology … will also meaningfully change commerce in ways we need to understand,”
Generative AI is a technology used to create brand new content based on what it has learnt from previous data.
