Stellaris Venture Partner will focus on AI-based startups

Seed-to-Series A venture capital firm Stellaris Venture Partners, which is currently investing from its second fund of $225 million, is betting big on startups innovating with artificial intelligence technology, said Alok Goyal, a partner at the firm, referring to AI as the “biggest trend of our time”.

“For the first time, we are seeing a world where the capability of machines on most common cognitive tasks is actually higher than humans,” Goyal said in an interaction with Fe, adding that he envisions AI to substantially alter almost everything across domains.