Instead of AI, Khosla says he is "making lots of fundamental investments in esoteric areas."
Funding for AI companies climbed 27% globally in the third quarter compared to the year before even as overall deals for startups fell 31%, according to PitchBook data compiled for Bloomberg.
(seeking a valuation of more than $5 billion), Hugging Face ($4.5 billion valuation) or Adept (reported $1 billion valuation).
The firm invested earlier this year in Replit, a generative AI tool for software development, at a $1.16 billion post-money valuation.
There is also OpenAI itself, which arguably has benefited as much as any startup from the AI hype.
Persons:
OpenAI, Vinod Khosla, Khosla, Kleiner Perkins Caufield, Byers, Kleiner Perkins, – Khosla
Organizations:
Khosla Ventures, Sun Microsystems, AMD, Juniper Networks, Forbes, Street, Tech, Bloomberg, Anthropic
Locations:
Silicon Valley, Laguna Beach, Replit