[ad_1]
Laurene Powell Jobs’ growing interest in AI startups is evident in her recent investment in a new artificial intelligence “computing device.” According to exclusive data provided by Fintrx, Powell Jobs’ Emerson Collective has invested in at least nine AI-related startups since 2022. These investments span across the globe and various industries, including medical technology, image analysis, language models, and AI presentations for teachers.

While the dollar amounts of these investments remain undisclosed, Fintrx reports that Emerson’s AI funding rounds total more than $1 billion. Emerson Collective, led by Powell Jobs, focuses on areas such as education, the environment, and healthcare. With over 130 investments, more than half of them are in technology, followed by healthcare and life sciences, among others. Former Uber and Twitter executive Raffi Krikorian serves as Emerson’s chief technology officer.

One of the latest ventures involving Powell Jobs is a collaboration with former Apple designer Jony Ive and OpenAI CEO Sam Altman to create a new “computing device” for AI use. This initiative aims to raise up to $1 billion by the end of the year, with Emerson Collective being one of the founding investors. The trend of investing in AI among family offices is on the rise, with 78% planning to invest in AI in the next few years, according to the UBS Global Family Office Report.

Powell Jobs’ interest in AI predates the current surge in AI investments and consumer interest. Emerson’s investments in AI startups range from health tech platforms to language models, with recent investments including an AI pharma company and a follow-on round for a clinical data provider. AI continues to be a popular investment theme, with Powell Jobs at the forefront of exploring opportunities in this rapidly evolving field.

[ad_2]
SOURCE