American venture capital firm Kleiner Perkins announced the establishment of two new funds: the twenty-first venture capital fund KP21, with a size of $825 million, focusing on supporting startups; and the third selected fund KP Select III, with a size of $1.2 billion, focusing on high-impact investments. The company stated that these new funds will continue to focus on enterprise software, consumer, healthcare, fintech, and hard tech sectors, with a particular emphasis on the application of artificial intelligence across industries, expecting to accelerate the transformation of industries such as healthcare, law, and finance.