4min chapter

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis cover image

AI Bubble? Layoffs Hit AI Companies

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

CHAPTER

The Losers of the LLM Craze

Executives at enterprise companies are excited about AI and have been vocal about this from the beginning. Small, often one-man outfits do not raise outside capital or build big teams. Their advantage is their small size and their ability to move very quickly with low overhead. This could possibly become one of the biggest cohorts creating real value with this technology. It's too early to tell if they're successful or compelling. A few companies I would put into this group include Harveyai, an AI-powered video editor that can change how software is written.

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