VC firm Bessemer now has another $5.75B to invest in (what else?) AI

Bessemer Venture Partners has raised $5.75 billion across two funds to invest across the AI stack, reinforcing that AI remains a major capital magnet from infrastructure and foundation models to dev tools and agentic applications. For CIOs and technology leaders, this signals sustained competition and rapid innovation in enterprise AI, with AI-native vendors likely to scale faster, stay private longer, and increasingly shape the options available for IT modernization, automation, and platform strategy.