Talk to your average venture capital investor about the funding environment these days, and chances are they’ll describe some challenges or an overall slowdown, save for one area: Oh, except A.I. is crazy, or, Where we are really excited is in A.I., et cetera.
Generative A.I. in particular is becoming increasingly popular with investors rushing to get in early on the next big thing. But how much are they actually paying? And why do they think it’s worth it? I recently took a closer look at just how crazy generative A.I. valuations have gotten—and why not all kinds of A.I. startups are fetching such high prices. As I reported:
