
In the middle of a banking crisis, OpenAI launched its latest and greatest A.I. system. And this week, Character.AI notched unicorn status. A.I. continues to be one of the hottest sectors of technology investing. Will it continue to be? Brian O’Malley, managing partner at the consumer-focused venture capital firm Forerunner, guest writes today's Term Sheet and weighs in.
It seems like everyone in the tech industry is marveling at the opportunity in A.I. Even though A.I. and machine learning have been implemented in tech for over a decade, the past year brought a level of practicality and a pace of innovation that has builders and investors paying close attention. And rightfully so: The A.I. technology has a magical quality to it, surprising even the most skeptical users, with the potential to reshape industries and jobs.