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2024-08-19 12:53:24
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cnbc.com_2 on Nostr: Bullet points of LVMH CEO Bernard Arnault's family office goes shopping for AI ...

Bullet points of LVMH CEO Bernard Arnault's family office goes shopping for AI startups
- Aglaé Ventures made five AI-related investments in 2024, totaling over $300 million.
- The largest funding round was in H, a French startup working towards full artificial general intelligence, valued at $370 million.
- Aglaé also invested in Lamini, a Palo Alto-based startup building enterprise AI applications, and Proxima, a New York-based AI-powered digital marketing company.
- The family office has invested in 153 companies since 2017, with 53 in technology, 17 in consumer goods, 13 in business services, and 12 in financial services.
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