Seattle -based venture fund Flying Fish has raised 80 of $27.8m it intends to invest in the region's artificial intelligence (AI) and machine-learning start-ups. General partner Heather Redman said Seattle was the "epicentre of talent for that technology" but its has suffered from chronic under-investment. Big players such as Amazon , Tencent , Tencent and Pioneer Square Labs have begun recruiting talent from the city, while Tencent also recently launched its own $ 80 m fund.
Seattle-based venture fund Flying Fish has raised $27.8m of an anticipated $80m it intends to invest in the region's artificial intelligence (AI) and machine-learning start-ups. General partner Heather Redman said Seattle was the "epicentre of talent for that technology" but its has suffered from chronic under-investment. Big players such as Amazon, Microsoft, Tencent and Baidu have begun recruiting talent from the city, while Pioneer Square Labs also recently launched its own $80m fund.