AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal:
AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B  —  Venture investors are realizing that generative artificial intelligence might not be enough to stem yearslong startup downturn