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Palantir Co-Founder Joe Lonsdale on the AI Investment Boom

Bloomberg Technology
QUICK SUMMARY

Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, says AI is fueling a new era of venture investing, discussing his firm's record $1.5 billion fund and why startup funding rounds are getting bigger.

DETAILED EXPLANATION

Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, says AI is fueling a new era of venture investing, discussing his firm's record $1.5 billion fund and why startup funding rounds are getting bigger. He told Bloomberg Tech he is placing bets on the next generation of defense tech and AI companies as capital continues pouring into the sector.