Investor Chamath Palihapitiya has raised 135 million dollars for his latest artificial intelligence venture. The new funding will back his next AI startup. Palihapitiya is one of the most watched tech investors. He has backed a string of AI companies in recent years. The 135 million dollar raise shows that big money is still flowing into AI startups. Investors are especially keen on next-generation AI ventures with new models and products. Details of the new company’s focus are not yet public. Palihapitiya has previously said AI will reshape most industries. His past bets include several high-growth software and fintech firms. The raise comes as the AI funding boom shows no signs of slowing. Startups working on AI agents, models and infrastructure are drawing record sums. More details on the new venture are expected soon. The raise was reported on October 3. AI startups have drawn record funding through 2026. Palihapitiya has said AI will reshape most industries. More details of the new venture are expected in the coming weeks.