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Another day and another AI fund debuts.

announced the launch of its $100 million AI fund 鈥� named the Anthology Fund 鈥� in partnership with generative AI startup and competitor, .

The new fund will look to back founders building AI-first applications and infrastructure solutions that leverage Anthropic鈥檚 technology and AI models.

Investments will concentrate on 鈥� but won鈥檛 be limited to 鈥� five areas of AI: infrastructure, frontier/novel application, consumer experiences, trust and safety and solutions that maximize societal benefits. The fund will invest from seed to expansion stages, with investments starting at $100,000.

鈥淔rom our earliest meetings with Anthropic when we first invested in early 2023, we were impressed by their team鈥檚 caliber and commitment to world-changing, safe AI innovation,鈥� wrote Menlo鈥檚 and in a .

鈥淲ith the Anthology Fund, we鈥檝e teamed up to further our commitment to the most imaginative AI pioneers,鈥� they continued.

Menlo took part in Anthropic鈥檚 Series C in 2023 and earlier this year led a $750 million round in Anthropic.

Another AI fund

While Anthropic will not take a stake in the companies the fund invests in, an AI or big tech company helping to create an AI-specific fund has become the norm.

The OpenAI Startup Fund was launched in 2022, investing $175 million raised from OpenAI partners. OpenAI itself is not an investor.

Last year, 鈥� 鈥檚 venture arm 鈥� announced a Generative AI Fund to $500 million. The firm is an investor in .

In May, a new Databricks AI Fund as part of .

Related reading:

• Eye On AI: Q2 Funding Shows Investors Are Willing To Open Their Checkbooks 鈥� For the Right Company

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