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VC firm Bessemer now has another $5.75B to invest in (what else?) AI

Bessemer Venture Partners raised $5.75 billion in two new funds, allocating $1.75 billion for seed and early-stage AI investments and $4 billion for growth-stage startups. The firm has already invested $3 billion in AI-native companies across compute, infrastructure, foundation models, dev tools, app-layer startups, and agentic tech, and has backed more than 260 AI firms since 2022.