Friday, April 12, 2024
Startups

Is AI ever too much AI?

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elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.

This week, I explore how one VC is feeling about a big chunk of her portfolio pivot into AI. And I have some updates on my new fixation: internal developer portals. — Anna

50% AI

TechCrunch+ recently noted a paradox: “VCs love to talk about AI, but they aren’t writing as many checks as you might think.” Maybe because they don’t need to make new investments to own shares in AI companies.

“Lots of existing investments started pivoting into AI — roughly two companies every single month,” Day One Ventures founder and general partner Masha Bucher told me.

For instance, email app Superhuman is one of the startups in her portfolio that recently ventured into AI.

Is AI ever too much AI? by Anna Heim originally published on TechCrunch

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