Even as investments in new companies slump, AI startups are still rolling in it. According to CBInsights, AI startups raised $42.5 billion in 2023, with generative AI companies attracting 48% of that pie. Though this is down 10% year-over-year, overall venture funding fell by 42%.
On the surface, the excitement recalls the $3 trillion blockchain boom in late 2021, which led…

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