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jbz
@jbz@indieweb.social  ·  activity timestamp 2 weeks ago

💸 Investors Are Suddenly Pulling Out of AI

「 venture capitalists — who’ve dumped $104.3 billion into AI companies this year so far, almost as much as all of 2024 combined — are now frequently exiting through mergers and acquisitions with much lower returns on their bets 」

https://futurism.com/ai-venture-capital-exits

#ai #bubble #market

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John
@mrkeen@mastodon.social replied  ·  activity timestamp 2 weeks ago
@jbz Does the article oppose the headline?

> But as CNBC notes, there’s still a lot more money going in than going out

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mms :runbsd: :emacs: :c64:
@mms@mastodon.bsd.cafe replied  ·  activity timestamp 2 weeks ago
@jbz it’s getting chilling in here. Maybe some kind of a winter is upon us
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Greengordon
@Greengordon@spore.social replied  ·  activity timestamp 2 weeks ago
@jbz

Good grief:

"two-thirds of US venture funding now goes to AI — up from 49 percent last year"

And analysts are calling it a massive #AI bubble....

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