Venture capital firm Andreessen Horowitz (a16z) has outlined its criteria for investing in AI startups. There is concern that some AI startup valuations are inflated based on founders' storytelling abilities. VCs are showing interest in startups like OpenAI and are driving innovation in AI, with comparisons made to their impact on Uber and Airbnb. The surge in interest raises questions about whether investing in AI startups is becoming the new gold rush for tech investors.
Is investing in AI startups the new gold rush for tech investors?
VCs brought you cheap Ubers VCs brought you cheap Airbnbs VCs are bringing you cheap AI inference YOU'RE WELCOME
VCs listening to a founder tell a story about their time at @OpenAI https://t.co/HlCMCO4cYh
probably true for VC in AI as well. Many recent AI startups whose valuations are entirely based on founder poasting ability https://t.co/GSq1bEcp5t
Famous VC @a16z lays out what it is looking for from AI startups. https://t.co/5BKxbvb2eD