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A select group of AI startups, including Groq, Perplexity, Glean, and Anthropic, are experiencing a surge in back-to-back funding rounds reminiscent of the 2021 boom in Silicon Valley. These startups are raising new money at astonishing valuations, a stark contrast to the overall market for startups, which remains sluggish. Industry experts, such as Jai Das of SapphireVC, advise founders to take the capital if available but to spend it wisely. Commentary from Vibhor Rastogi and Cagla Kaymaz suggests that while investor enthusiasm is high, a focused approach is essential.
NEW: We took a deep dive into the string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups, which stand in stark contrast to the doldrums of the overall market for startups. https://t.co/3H0dPB2lhf
"AI investors need focus—but their exuberance isn’t entirely unjustified," write Vibhor Rastogi and Cagla Kaymaz in a new commentary piece. https://t.co/0ERjjVFMc7
AI startups are booming like it's 2021 again, raising back-to-back funding rounds at astonishing valuations. 🚀 @SapphireVC's @jai_das shared with @BusinessInsider his advice for founders in this position: take the capital if you can, but spend it wisely to avoid… https://t.co/Rrcs1ndGLx
