New details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital.

TechCrunch's StrictlyVC evening in Los Angeles late last week brought together two of the more straight-talking investors working in AI right now. They were as entertaining as they were illuminating.

Menlo has created a solid rep for itself as an AI investor, all based on one gutsy $750 million move in 2024.