Hacker NewsSep 6, 2024
AI craze distorting VC market, as tech giants pour in billions of dollars
https://www.cnbc.com/2024/09/06/ai-craze-getting-funded-by-tech-giants-distorting-traditional-vcs.html
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AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars

With the biggest companies in the world throwing billions of dollars at generative AI startups, traditional VCs are struggling to find their place in the boom.

CNBC