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How To Beat Odds As an AI Startup?
Artificial Intelligence   Latest   Machine Learning

How To Beat Odds As an AI Startup?

Last Updated on November 11, 2023 by Editorial Team

Author(s): Dr. Mandar Karhade, MD. PhD.

Originally published on Towards AI.

I am going to be blunt: The picture is busy, but there is a ray of sunshine

Photo by MIOPS Trigger on Unsplash

According to CB Insights 2023 is already a record year for investment in generative AI startups, with equity funding topping $14.1B across 86 deals, as of Q2’23.

The top 5 companies

OpenAI ($10B corporate minority investment)Inflection ($1.3B Series B)Anthropic ($850M across a Series C and corporate minority round)Adept ($350M Series B)Cohere ($270M Series C)

All these funding rounds happened in the B and C series. When we look at the much smaller companies (Those are relevant to our current discussion and the… Read the full blog for free on Medium.

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Published via Towards AI

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