European veteran investment firm Index Ventures had already invested in the AI sector long before ChatGPT became a household name. Index is bullish on the application value of vector databases in training language models, hence their investment in the open-source vector search engine Weaviate. They have also adopted a vertical integration investment strategy through investments in companies like Gong and DeepScribe. Index believes that AI will profoundly transform the software industry, acting as a novel enabling technology and becoming a core component of every application. By continuously investing and accumulating experience, Index has gained a head start in the AI investment field.