Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies (Yuliya Chernova/Wall Street Journal)

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Yuliya Chernova / Wall Street Journal:Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies  —  The investor in Anthropic and other artificial-intelligence companies is raising about $1.5 billion for new venture funds