* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, August 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Peacock’s Biggest Action Show Streams 2 New Episodes Sooner Than You Think – yahoo.com

    Peacock’s Hottest Action Show Drops 2 New Episodes Sooner Than Expected!

    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology, History, and Summer Camp at the Rhode Island Computer Museum – abc6.com

    Discover Technology, History, and Summer Camp Adventures at the Rhode Island Computer Museum

    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Lags Revenue Estimates – Yahoo Finance

    BlackSky Technology Inc. Reports Q2 Loss, Misses Revenue Targets

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Peacock’s Biggest Action Show Streams 2 New Episodes Sooner Than You Think – yahoo.com

    Peacock’s Hottest Action Show Drops 2 New Episodes Sooner Than Expected!

    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology, History, and Summer Camp at the Rhode Island Computer Museum – abc6.com

    Discover Technology, History, and Summer Camp Adventures at the Rhode Island Computer Museum

    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Lags Revenue Estimates – Yahoo Finance

    BlackSky Technology Inc. Reports Q2 Loss, Misses Revenue Targets

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Visa ventures into gen AI with $100m investment fund

October 4, 2023
in Business
Visa ventures into gen AI with $100m investment fund
Share on FacebookShare on Twitter

Visa has introduced a $100 million venture fund aimed squarely at nurturing startups in the burgeoning field of generative artificial intelligence (GenAI).

As a global payments leader, Visa is fully dedicated to providing robust financial backing to firms devoted to pushing the boundaries of GenAI technologies. According to David Rolf, Head of Visa Ventures at Visa, this strategic move acknowledges the profound potential of generative AI as a groundbreaking technology.

Rolf expressed his enthusiasm, asserting, “Recognizing generative AI’s potential as one of the most transformative technologies of our era, we’re thrilled to broaden our investment focus to encompass some of the most disruptive startups in the generative AI, commerce, and payments realms.”

This substantial fund will be overseen by Visa Ventures, the corporate investment arm of Visa with a commendable 16-year track record of actively investing in and collaborating with enterprises within the payments and commerce sectors. GenAI technology, at its core, harnesses advanced computer models to craft text, images, or diverse content by tapping into extensive pre-existing data, responding to prompts with precision.

Visa’s infusion of $100 million capital will be channeled towards companies that are diligently crafting generative AI technologies and applications poised to reshape the landscape of commerce and payments. Jack Forestell, Chief Product and Strategy Officer at Visa, underlined the transformative potential of generative AI. He pointed out, “Although generative AI has primarily focused on tasks and content creation thus far, this technology is poised to not only revolutionize our lifestyles and workplaces but also significantly transform the commerce landscape, necessitating our comprehension.”

David Rolf, Head of Visa Ventures, offered insights into their investment approach, emphasizing their flexibility concerning the number of investments and the scale of financial support. Rolf elaborated that, given the early stage of the industry, they anticipate a range of smaller investments.

“With generative AI’s potential to be one of the most transformative technologies of our time, we are excited to expand our focus to invest in some of the most innovative and disruptive venture-backed startups building across generative AI, commerce and payments,” said David.

Projected $1.3 trillion growth

In a recent analysis by Bloomberg Intelligence (BI), the generative AI market is poised for remarkable expansion, with projections soaring to an astonishing $1.3 trillion over the next ten years. This monumental surge marks a significant leap from its modest $40 billion market size in 2022, with BI’s research forecasting a robust compound annual growth rate (CAGR) of 42%.

The dynamics propelling this exponential growth are expected to evolve gradually. In the short term, the primary emphasis will be on strengthening training infrastructure. In the medium to long term, the focus will shift towards customized inference devices designed for large language models (LLMs), digital advertising, specialized software, and a wide array of services.

The escalating demand for generative AI products is anticipated to inject approximately $280 billion of fresh revenue into the software sector. This upsurge will be driven by the proliferation of specialized assistants, innovative infrastructure products, and the acceleration of coding through copilot programs. Prominent tech giants including Amazon WebServices, Microsoft, Google, and Nvidia are poised to be the principal beneficiaries of this transformation, particularly as more businesses migrate their workloads to the public cloud.

BI’s estimates underscore the sweeping impact of generative AI, as it is projected to grow from contributing less than 1% of total expenditure in IT hardware, software services, advertising, and gaming markets to a substantial 10% share by 2032. Key drivers of this incremental revenue will encompass generative AI infrastructure as a service, projected to reach $247 billion by 2032, primarily catering to the training of LLMs. Closely following is the digital advertising sector, expected to generate $192 billion, along with specialized generative AI assistant software contributing $89 billion.

In the hardware sector, revenue growth will be buoyed by AI servers ($132 billion), AI storage solutions ($93 billion), computer vision AI products ($61 billion), and conversational AI devices ($108 billion). As generative AI continues its transformative journey across industries, its profound influence on the technology landscape is poised to be both sweeping and highly lucrative.

Keep up to date with our stories on LinkedIn, Twitter, Facebook and Instagram.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Dynamic Business – https://dynamicbusiness.com/topics/technology/visa-ventures-into-gen-ai-with-100m-investment-fund.html

Tags: businessInvestmentVentures
Previous Post

One in four young Aussies now has a small business

Next Post

Golda writer hopes film educates people about Israel: ‘A lot of anti-Israeli feeling is antisemitism in disguise’

Closed pulp mill fined $2.3 million for environmental violations – Washington State Department of Ecology (.gov)

Closed pulp mill fined $2.3 million for environmental violations – Washington State Department of Ecology (.gov)

August 9, 2025
‘Miracle’ medicine, based in federally funded science, arrived just in time to save his life – Newsroom | UCLA

‘Miracle’ medicine, based in federally funded science, arrived just in time to save his life – Newsroom | UCLA

August 9, 2025
Cartoonist’s take: ‘RFK Jr. cuts vaccine science’ – Daily Freeman

Cartoonist’s take: ‘RFK Jr. cuts vaccine science’ – Daily Freeman

August 9, 2025
Ancient Dental Plaque Unearths Prehistoric People’s Lifestyle – the-scientist.com

Ancient Dental Plaque Unearths Prehistoric People’s Lifestyle – the-scientist.com

August 9, 2025
Technology, History, and Summer Camp at the Rhode Island Computer Museum – abc6.com

Discover Technology, History, and Summer Camp Adventures at the Rhode Island Computer Museum

August 9, 2025
Veteran sports reporter Wes Rucker joins WBIR – WBIR

Veteran Sports Reporter Wes Rucker Joins the WBIR Team

August 9, 2025
Netflix Scores Canadian Rights To FIFA Women’s World Cup For Next Two Tournaments – Deadline

Netflix Scores Canadian Rights To FIFA Women’s World Cup For Next Two Tournaments – Deadline

August 8, 2025
Professor Emeritus Peter Temin, influential and prolific economic historian, dies at 87 – MIT News

Renowned Economic Historian Professor Peter Temin Dies at 87

August 8, 2025
Peacock’s Biggest Action Show Streams 2 New Episodes Sooner Than You Think – yahoo.com

Peacock’s Hottest Action Show Drops 2 New Episodes Sooner Than Expected!

August 8, 2025
Nebraska doctors struggling with mental health issues had nowhere to go, until now – KSNB

Nebraska doctors struggling with mental health issues had nowhere to go, until now – KSNB

August 8, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (761)
  • Economy (783)
  • Entertainment (21,660)
  • General (16,358)
  • Health (9,823)
  • Lifestyle (794)
  • News (22,149)
  • People (785)
  • Politics (793)
  • Science (15,997)
  • Sports (21,281)
  • Technology (15,764)
  • World (766)

Recent News

Closed pulp mill fined $2.3 million for environmental violations – Washington State Department of Ecology (.gov)

Closed pulp mill fined $2.3 million for environmental violations – Washington State Department of Ecology (.gov)

August 9, 2025
‘Miracle’ medicine, based in federally funded science, arrived just in time to save his life – Newsroom | UCLA

‘Miracle’ medicine, based in federally funded science, arrived just in time to save his life – Newsroom | UCLA

August 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version