long backed ai
VC Firms Have Long Backed AI. Now, They Are Using It.
These are nascent efforts but one forecast suggests adoption is about to pick up. AI will be involved in 75% of venture capital investment decisions by 2025, up from less than 5% today, according to a recent Gartner Inc. forecast. The Morning Download delivers daily insights and news on business technology from the CIO Journal team. AI's ability to recognize patterns in data and predict likely outcomes has raised hopes that it can play a bigger role in decision-making in fields such as finance and healthcare. Now, similar bets are being placed in venture capital.
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