TLDR:
– AI investing remains a hot trend in Silicon Valley, even amidst a downturn in the tech industry.
– Investors are excited about AI infrastructure, unstructured data, and revolutionizing software development.
AI has continued to be a significant trend in investing in Silicon Valley, with startups in artificial intelligence and machine learning generating significant buzz and high valuations. Some key points highlighted by VCs include:
Key Points:
- Investors are more interested in AI’s picks and shovels, such as infrastructure startups, than large language models.
- Unstructured data is becoming increasingly vital for AI algorithms to discern patterns and insights.
- Investors prefer startups with ultra-specific vertical use cases over horizontal applications.
- AI has the potential to revolutionize software development by automating tasks and improving efficiency.
Overall, VCs are looking for personalized, impactful solutions in the AI space rather than generic tools or promises to transform industries that may not necessarily need it.
