AI: the success of ChatGPT gives investors an appetite
“A friend was struggling to raise money for his start-up. I advised him to switch…
“A friend was struggling to raise money for his start-up. I advised him to switch to a domain name. ai and to mention AI in his presentation. Less than a week later, he had 13 investor proposals! When you are told that artificial intelligence is changing the world…” This quip posted on Twitter says it all about the frenzy currently surrounding start-ups working on so-called “generative” AI, capable of generating text or images.
After a sluggish 2022 for investments in tech, ended in pain with the bankruptcy of the FTX cryptocurrency platform, investors dusted off their checkbooks. Above all, we should not miss the new nugget capable of equaling ChatGPT, the now famous OpenAI chatbot, become the new colt of Microsoft, for several billion dollars.