A pivot point in AI investing?

David Sabo, the U.S. Head of Innovation Banking at HSBC, shares valuable insights into the explosive growth of AI investment, especially in the startup arena, where it constituted 42% of all funding in 2024. He discusses the challenges that unicorns face in the current market and compares the modern landscape to the dot-com boom. Sabo also covers the potential for a surge in mergers and acquisitions and the importance of sustainable valuation as tech giants like Google and Microsoft reshape the competition in AI.