This year has seen three fledgling AI firms swallowed up by Big Tech companies. As the Financial Times (FT) notes in a report Wednesday (Aug. 14), it is a pattern that threatens to leave venture capitalists (VCs) on the outside looking in at the artificial intelligence (AI) boom. AI companies Adept, Character.AI and Inflection had, combined, raised
High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments, VC companies can still find plenty of opportunity. It’s a formula that Geneva-based Forestay Capital has worked effectively recently. On Monday (July 8), it announced
“Just saying ‘AI’ 15 times is not going to cut it anymore.” So said Stuart Kaiser, head of U.S. equity trading strategy at Citi, speaking to the Financial Times (FT) Wednesday (June 19) about the state of artificial intelligence (AI) investments. As that report noted, most of the stocks that jumped amid last year’s AI