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RedBird and Sound Ventures announce pact to invest up to $1 billion in tech, media and culture

Variety reports RedBird will contribute expertise from RedBird X, its AI investment and incubation platform.

2 Sources, 4h ago, first seen 4h ago

TLDR

Variety reports Gerry Cardinale’s RedBird Capital Partners and Guy Oseary’s Sound Ventures announced a pact to jointly invest up to $1 billion in emerging platforms where technology, media and culture meet. RedBird will contribute expertise from RedBird X, its AI investment and incubation platform.

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2 Sources, first seen 4h ago