WORLDTECHStartups & Business SINGLE SOURCE
There Was Never An Easy AI Era, And Investors Are Raising The Bar
First reported Source: Crunchbase NewsLast editorial activity
What happened
There were never easy AI wins, even if there was easy money going around. Small and mid-sized businesses were eager to be early adopters, and they bought fast.
Many of those products were generic: They did what traditional software already did, with AI fairy dust sprinkled on top. Others saved a bit of time on something nobody’s job depended on.
A 20% improvement on a noncritical task makes for a nice demo and a dead renewal. The market is now correcting for that.
Sources & evidence
- Crunchbase News Reporting source
There Was Never An Easy AI Era, And Investors Are Raising The Bar ↗
https://news.crunchbase.com/venture/ai-startup-investors-raising-bar-ipo-farid-leo/