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Micron Launches a $250 Million Fund to Bankroll the AI Startups Buying Its Chips

AI News August 18, 2026 05:01 AM
Micron Launches a $250 Million Fund to Bankroll the AI Startups Buying Its Chips

Micron Launches a $250 Million Fund to Bankroll the AI Startups Buying Its Chips

Micron launched a $250 million venture fund, the Micron Ventures Paradigm Fund, to invest in AI startups across model architecture, compute, enterprise applications and physical AI. It's the company's third and largest fund, following similar strategic-investment moves from SK Hynix and Nvidia.