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LVMH CEO Bernard Arnault's family office goes shopping for AI startups

CNBC
Summary
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76% Informative

Bernard Arnault , founder and CEO of LVMH , has made a string of artificial intelligence investments this year through his tech-focused venture firm and family office, called Aglaé Ventures .

Arnault made five AI -related investments in 2024 , according to data provided exclusively to CNBC by Fintrx .

The amounts of the investments aren't disclosed, but the funding rounds for the AI firms totaled more than $300 million .

The largest funding round this year was in a firm called H , formerly known as Holistic AI .

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