When artificial intelligence giant Anthropic closed a staggering $US13 billion funding round early this month, Australia’s biggest venture capital firms watched from the sidelines as some of the world’s largest investment firms bought in.
Among them, however, was a low-profile Melbourne fund manager, which is making a habit of taking stakes in the hottest AI companies globally.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
