VCs love to talk about AI, but they aren’t writing as many checks as you might think

Conventional wisdom around AI investment suggests artificial intelligence should be red hot right now with dollars flying at startups building with AI, akin to what was happening last year with web3 and metaverse companies. Well, guess what? According to a new report from CB Insights, conventional wisdom is wrong — dead wrong.
AI has been around for decades, but only recently have we seen a resurgence of interest in the sector with the release of OpenAI’s ChatGPT at the end of last year. Microsoft and Google soon followed with their own intelligent, natural language chatbots.
Since then, cloud

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