This is an automated archive made by the Lemmit Bot.
The original was posted on /r/artificial by /u/NuseAI on 2024-04-04 17:26:23.
- Cognition Labs, a new AI startup, is seeking a $2 billion valuation, despite generating no real revenue yet.
- Other AI startups like Perplexity and Mistral have also achieved high valuations recently.
- Some experts are skeptical about the current AI market, comparing it to the tech bubble of the late 1990s.
- Venture capitalist David Sacks highlighted the challenges faced by AI startups like Cognition Labs in existing code bases.
- While impressive demos may attract investors, the long-term success of these startups remains uncertain.
Source:
You must log in or register to comment.