Wow.
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Wow.
“In February, 90% of VC funding dollars went to AI startups. OpenAI and Anthropic alone captured 74% of VC dollars, according to Crunchbase.”
And:
“The costs of AI will keep going down. But total spend from customers will need to keep going up if AI companies are going to become profitable.”
https://www.axios.com/2026/03/12/ai-models-costs-ipo-pricing
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Wow.
“In February, 90% of VC funding dollars went to AI startups. OpenAI and Anthropic alone captured 74% of VC dollars, according to Crunchbase.”
And:
“The costs of AI will keep going down. But total spend from customers will need to keep going up if AI companies are going to become profitable.”
https://www.axios.com/2026/03/12/ai-models-costs-ipo-pricing
A few years ago this would've been 90% of VC funding going to cryptocurrency and NFTs. Companies looking for investments had to throw in bullshit cryptocurrency features just to have a chance at funding.
Someday the world will learn that VCs have absolutely no clue what they're doing. But apparently someday isn't today. Until then, wealth and unearned overconfidence carry more weight than hard work, expertise, and sensible business models.
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R relay@relay.infosec.exchange shared this topic
