Disruptive closes $10 billion megafund for AI and defense startups

Dallas-based investment firm Disruptive has closed a $10 billion fund. The money will back 10 later-stage companies at $1 billion each in AI and defense technology.

• Disruptive's $10 billion fund targets AI and defense startups
• The firm plans to back 10 later-stage companies
• Each company will receive $1 billion
• Disruptive is headquartered in Dallas