According to data from PitchBook, the funding for AI deals has continued its furious pace. In the latest quarter, the amount invested came to a record $31.6 billion. Note that there were 11 deals the closed more than $500 million.
Granted, plenty of these startups will fade away or even go bust. But of course, some will ultimately disrupt industries and change the landscape of the global economy.
“To be disrupted, you have to believe the AI is going to make 10x better recommendations than what’s available today,” said Eric Vishria, who is a General Partner at Benchmark. “I think that is likely to happen in really complex, high dimensional spaces, where
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