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FOMC Rate Decision and VC Interest in AI

Bloomberg Tech

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The Future of AI Startups

I would say there's many more bad AI startups than good startups. It's very hard to differentiate if you're not experienced with AI. I do think lots of bad investments will be made, but overall, more money will be made than lost. Even if 90% of the startups fail, which they will. And of course, that's often the bet. No, that you will have failures, but you'll then have from those extraordinary success that gives the money and the returns to VCs.

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