Micron Ventures operates $300M fund for AI and deep tech investments

Micron Ventures, the corporate venture capital arm of memory chip giant Micron Technology, is putting fresh capital to work in the AI space with a fund targeting investments in emerging artificial intelligence technologies. The move comes as Micron positions itself at the intersection of two colliding forces: the explosion in AI compute demand and the semiconductor hardware that makes it all possible. Micron’s venture playbook Micron Ventures has been operating a $300M fund focused on early-stage deep tech founders working across sustainable computing infrastructure, advanced AI, and machine learning solutions. The portfolio already reads like a who’s who of enterprise AI infrastructure. It includes SambaNova Systems, a company building purpose-built AI hardware and software platforms, along with Weka, which specializes in high-performance data platforms. Paperspace, another portfolio company, provides cloud-based GPU infrastructure for machine learning workloads. The bigger picture: $250 billion and counting Micron’s US investment plans for AI memory manufacturing exceed $250B through 2035. Micron, as one of only three major DRAM manufacturers in the world alongside Samsung and SK...