Are VCs seeing a Generative AI bubble?
A month ago, generative AI startup Typeface raised $100 million at a valuation of $1 billion. Around the same time, French startup Mistral AI received $113 million funding without a working product in sight. Separately, media reports revealed open-source platform Hugging Face raised $200 million at a $4 billion valuation. Such multi-million dollar deals reveal … Read more