Thursday, September 12, 2024

Analysis: VC investments in AI startups have reached $64.1B, ~30% of total VC dollars invested, so far in 2024 amid questions about whether it will pay off (Wall Street Journal)

Wall Street Journal:
Analysis: VC investments in AI startups have reached $64.1B, ~30% of total VC dollars invested, so far in 2024 amid questions about whether it will pay off  —  Tech giants and investors are shoveling cash into artificial intelligence amid questions about whether it will pay off



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...