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Fortune

Luisa Beltran

Are A.I.’s lofty valuations justified? Some VCs think it is

LightSpeed Venture Partners OpenAI Wiz

(Credit: Stuart Isett/Fortune)

Morning, Term Sheeters. Finance reporter Luisa Beltran here, coming to you from Fortune Brainstorm Tech 2024.

I’ve sat through several panels this week and the big topic of discussion, of course, remains A.I. Allie moderated a breakfast Tuesday where VCs discussed whether the lofty valuations that AI companies have attracted are justified.

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