Tiger Global Raises $2.2B for Cautious AI Investments
Update: 2025-12-08
Description
Tiger Global, a prominent venture capital firm, is reportedly raising a new fund worth two point two billion dollars, marking a shift towards a more cautious approach after a period of aggressive investing. The firm, known for its spray and pray method, backed three hundred fifteen startups in two thousand twenty-one alone. However, with rising interest rates and struggling startups, Tiger Global has seen internal changes and a more targeted strategy. Despite challenges, their previous fund, PIP Sixteen, has seen significant success, largely due to investments in AI companies. The new fund, PIP Seventeen, promises a more humble and careful strategy in the AI sector.
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