Disruptive raises $10B for AI and defense bets
disruptive raises $10b fund to back at least 10 late-stage companies in ai and defense. this fundraise signals big commitments to capital-intensive ai development.
disruptive, a dallas-based investment firm founded in 2012 by alex davis, has raised a $10 billion fund to make big bets on at least 10 late-stage companies. the firm will write checks of up to $1 billion and focus on capital-intensive fields like ai and defense. this fundraise is one of the biggest of the year so far, with at least $7.5 billion in capital commitments secured earlier this month. disruptive has previously invested in ai startups like elevenlabs and chip startup groq. the new fund is technically a blind-pool fund, meaning investors commit money without knowing which companies it will back.