New Mexico's oil windfall becomes a $2 billion venture capital bet
The Information reports that a change in how New Mexico's sovereign wealth fund approaches venture capital has brought a surge of money to Silicon Valley.
TLDR
The Information describes New Mexico's oil windfall as a $2 billion venture capital bet. It reports that a change in the state's fund strategy has brought money to Silicon Valley and could give New Mexico a piece of the AI boom.
Combined views
6.3K
1 Source, first seen 14h ago
1 likes