Index Ventures Makes $3.5 Billion Bet on AI Boom

Venture capital group Index Ventures has raised $2 billion, giving it $3.5 billion in total capital. Index said the new funding, announced last week, will let it back founders at a range of growth stages, highlighting opportunities in the artificial intelligence (AI) space. “AI is putting the power to build into more hands than ever before, accelerating the time from idea to product, and opening entire industries to disruption, from infrastructure and cybersecurity to FinTech, healthcare, produc