Despite the general slowdown in VC activity in recent months, AI investments seemed to have bucked the general macro trend, with AI companies continuing to raise mega rounds at frothy valuations. Meanwhile, investor interest in other hyped markets like the metaverse, Web3, and cryptocurrency have swiftly fallen, a dramatic reversal from their market peak in the days of the pandemic. This all begs to question whether AI is just an example of another overly hyped space waiting for an eventual comedown or something more enduring. There are certain aspects to this upsurge in AI that are undeniably compelling. It is hard to deny, for example, the
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EVCA Newsletter | August Edition - The Latest…
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Despite the general slowdown in VC activity in recent months, AI investments seemed to have bucked the general macro trend, with AI companies continuing to raise mega rounds at frothy valuations. Meanwhile, investor interest in other hyped markets like the metaverse, Web3, and cryptocurrency have swiftly fallen, a dramatic reversal from their market peak in the days of the pandemic. This all begs to question whether AI is just an example of another overly hyped space waiting for an eventual comedown or something more enduring. There are certain aspects to this upsurge in AI that are undeniably compelling. It is hard to deny, for example, the