VC firm Bessemer now has another $5.75B to invest in (what else?) AI

Bessemer Venture Partners has announced the closing of $5.75 billion in new capital, marking a significant expansion of its investment capacity. The firm plans to deploy these funds across various stages of company growth, with a heavy emphasis on the artificial intelligence sector. According to Bessemer, AI-native companies are currently demonstrating the fastest growth rates ever observed in the history of technology. The new capital will be distributed across several funds, including Bessemer Venture Partners XII, which is focused on early-stage investments, and its growth-stage counterparts. This move underscores the ongoing trend of major venture capital firms prioritizing AI infrastructure and application layers as the primary engine for future market disruption. By doubling down on this thesis, Bessemer aims to capitalize on the rapid adoption of generative AI and machine learning tools across both enterprise and consumer markets.