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Dan Ives Launches A $200 Million AI Fund, Opening Private Companies To Public Investors

Summary by IBTimes

The closed-end fund sold 20 million shares at $10 each and plans to put at least 80% of its net assets into companies tied to AI and its infrastructure.

8 Articles

IBTimes

Center

Dan Ives Launches A $200 Million AI Fund, Opening Private Companies To Public Investors

The closed-end fund sold 20 million shares at $10 each and plans to put at least 80% of its net assets into companies tied to AI and its infrastructure.

12 hours ago·New York, United States

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Quartz

Center

Dan Ives launches $200 million closed-end fund for private AI companies

The Ives Ultra AI Opportunities fund priced its IPO on Wednesday and will trade on the NYSE under the ticker IVAI

15 hours ago·New York, United States

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CNBC

+2 Reposted by 2 other sources

Lean Left

Dan Ives prepares to debut fund offering access to private companies fueling AI boom

Yorkville Ives priced a fund aiming to give investors access to the private companies helping develop artificial intelligence.

17 hours ago·Englewood Cliffs, United States

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DiarioBitcoin

VATI Collects USD $200 Million to Invest in Private AI Companies

IVAI captured USD $200 million with an initial public offer to seek exposure to private artificial intelligence companies, although it may take up to 12 months to identify its first investments and will charge annual expenses of 3.1%.

12 hours ago

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TokenPost

Dan Ives Plans $200 Million Fund for Private AI Companies

Ives Ultra AI Opportunities Inc. plans to sell 20 million shares at $10 each and seek a New York Stock Exchange listing under IVAI, subject to exchange approval.

16 hours ago

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