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According to a report citing a person familiar with the relevant plans, Chris Young is planning to establish a private equity fund focused on acquiring companies, conducting mergers, and using artificial intelligence to enhance their operational efficiency. The report said that the executive, who previously led Microsoft's venture capital and mergers and acquisitions team for five years, has revealed his plans to former colleagues. Young has expressed interest in acquiring healthcare companies and software industry companies focused on network security. Earlier, independent investor Elad Gil and former partner at Bain Capital Ventures Sarah Hinkfuss also took similar actions.
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