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    Menlo Ventures and Anthropic's $100M AI Fund

    The Anthology Fund, a $100M initiative by Menlo Ventures and Anthropic, aims to support AI startups in Asia through funding and access to Anthropic's models.

    By Anonymous
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    AI Snapshot

    The TL;DR: what matters, fast.

    Menlo Ventures and Anthropic have created the $100 million Anthology Fund to invest in pre-seed and Series A AI companies.

    The fund, sourced from Menlo's $1.35 billion vehicle, will focus on fostering AI innovation in Asia.

    Selected startups will receive funding starting at $100,000, $25,000 in Anthropic model credits, and streamlined diligence.

    Who should pay attention: Venture capitalists | AI founders | AI developers

    What changes next: The Anthology Fund will accelerate AI innovation in Asia.

    Menlo Ventures and Anthropic join forces to create a $100M AI fund, the Anthology Fund.,The fund aims to invest in pre-seed and Series A AI companies, fostering innovation in Asia.,Startups can apply online and receive funding and credits to use Anthropic's models.

    Menlo Ventures and Anthropic: A Powerful AI Partnership

    Silicon Valley venture capital firm Menlo Ventures and artificial intelligence startup Anthropic have teamed up to create a $100 million initiative called the Anthology Fund. This partnership aims to invest in and support pre-seed and Series A artificial intelligence companies, with a focus on fostering innovation in Asia. For more on how AI is impacting the region, read about APAC AI in 2026: 4 Trends You Need To Know.

    The Anthology Fund: A Carve-Out from Menlo's Latest Vehicle

    The capital for the Anthology Fund comes from a carve-out of Menlo's latest $1.35 billion vehicle, raised in November 2022. Matt Murphy, a partner at Menlo Ventures, shared that the firm is one of Anthropic's biggest investors and is eager to collaborate on identifying and supporting AI-first startups. This investment strategy reflects a broader trend of venture capital flowing into AI, as seen in the AI Boom Fuels Asian Market Surge.

    Investing in AI Startups: The Anthology Fund's Approach

    The Anthology Fund will provide funding starting at $100,000 to selected startups, along with $25,000 worth of credits to use Anthropic's models. To apply, startups can submit an online form, which will be evaluated using Menlo's proprietary machine learning tool. The diligence process for these companies is expected to be more streamlined than a typical investment by the firm. This approach highlights the increasing role of AI in streamlining business processes, a topic explored further in What Every Worker Needs to Answer: What Is Your Non-Machine Premium?.

    Supporting Promising AI Startups

    Menlo Ventures plans to back any subsequent rounds raised by promising Anthology Fund companies. This ongoing support will help these startups grow and contribute to the rapidly evolving AI landscape in Asia. The importance of early-stage funding and strategic partnerships in the AI ecosystem is well-documented, with various reports highlighting venture capital trends in AI development^[Venture Capital Trends in Artificial Intelligence].

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    What do you think about the Anthology Fund's potential impact on AI innovation in Asia? Share your thoughts in the comments below and don't forget to Subscribe to our newsletter for updates on AI and AGI developments.

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    We're tracking this across Asia-Pacific and may update with new developments, follow-ups and regional context.

    Latest Comments (2)

    Bianca Ong
    Bianca Ong@bianca_o_ai
    AI
    7 October 2024

    This is exciting news, even now a while after the initial announcement. I'm especially curious about how tailored Anthropic's models will be for Asian markets and specific regional languages. Will it be a one-size-fits-all approach, or will there be genuine, localised development? That could make a real difference for these budding start-ups, don't you think?

    Wei Ming
    Wei Ming@sgTechDad
    AI
    29 July 2024

    This is brilliant news, lah! I remember hearing about Anthropic expanding their presence, and this fund with Menlo Ventures really solidifies their commitment. It’s been a while since the initial chatter, but the need for dedicated AI investment, especially in Asia, hasn't changed one bit. Giving startups here access to cutting-edge models like Anthropic's could be a game-changer for so many innovative ideas. It's not just about the capital, though that's huge; the technical support and guidance will be invaluable. Hopefully, we'll see some truly groundbreaking developments emerge from this.

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