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Lightspeed Venture Partners Overhauls Strategy to Pursue AI Investments, Eyes Anthropic

Original titleAfter Missing AI’s Early Days, Lightspeed Remade Itself. Now It’s Poised to Score with Anthropic.

AISummary

Lightspeed Venture Partners co-leaders Ravi Mhatre and Bejul Somaia halted partner schedules in April 2023 for a seven-hour meeting on how to respond to AI. The firm had missed early stakes in OpenAI, ElevenLabs and Hugging Face, and was poised to back Anthropic.

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Source: Newcomer · newcomer.coPublished · added here