Visa Launches $100 Million Generative AI Venture Capital Program
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International payment giant Visa recently announced the launch of a $100 million generative AI venture capital initiative aimed at supporting emerging companies in developing generative AI technologies to transform future commerce and payment systems. This initiative, overseen by Visa Ventures, focuses on investing in startups within the generative AI technology sector. Visa's involvement signifies that generative AI technology is poised for significant development opportunities, potentially revolutionizing multiple industries and bringing unprecedented innovation and transformation. Visa has always been committed to leading payment innovation, and through investment in generative AI technologies, it will create more value for partners and customers, and promote the development of global commerce.
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