AI Craze Skews VC Market with Billions Invested by Tech Giants
AI Craze is Distorting VC Market as Tech Giants Like Microsoft and Amazon Pour in Billions of Dollars
NBC Connecticut
The recent surge in interest around artificial intelligence (AI) is significantly impacting the venture capital (VC) market. Major tech corporations such as Microsoft and Amazon are investing billions of dollars into AI technologies, leading to a distortion in the market dynamics. This influx of capital is causing a shift in the traditional VC landscape, as more funds are being funneled into AI startups and innovation. The heightened focus on AI is creating a competitive environment where securing investments for non-AI ventures is becoming increasingly challenging.