The private market is dotted with richly valued artificial intelligence startups, including some that are described as generational companies. But venture firms in need of exits aren’t going to get relief from AI anytime soon. That’s because, unlike prior tech booms, VCs aren’t at the center of this one. Rather, the biggest companies in the industry — Microsoft, Amazon, Alphabet and Nvidia are in the middle of this one.
The private market is dotted with richly valued artificial intelligence startups, including some that are described as generational companies. But venture firms in need of exits aren’t going to get relief from AI anytime soon. That’s because, unlike prior tech booms, VCs aren’t at the center of this one. Rather, the biggest companies in the industry — Microsoft, Amazon, Alphabet and Nvidia are in the middle of this one.