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effective dawn ! We have lots of good stuff for you this Tuesday , so get ’s prod correctly in .
Up first , we surveyed six investors who are put bets on AI . We wanted to know how startups should begin building tools for AI ; whether inauguration - focalise AI oeuvre is defensible ; and how technical school company are thinking about monetization . It ’s certainly not cheap to scarper an LLM .
Full TechCrunch+ article are only available to member . Use deduction codeTCPLUSROUNDUPto save up 20 % off a one- or two - twelvemonth subscription .
tick off out what these investor had to say to get a proficient understanding of the AI mart :
Thanks for reading , and see you Friday !
Karyne
@karynelevy
Join us at TechCrunch Sessions: AI
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6 VCs explain how startups can capture and defend mart share in the AI epoch
How to fundraise when your deep tech startup sounds like sci-fi
People who build startup have it tough already , but what if their inauguration sound like something out of “ The Matrix ” ? VCs want to clothe in the next hot affair , and if they ’re not sure about a party ’s value property , they might not be quick to pull out their checkbook .
It ’s a laminitis ’s job to explain how and what their product does , specially if their deep tech inauguration straddles two sector . Seraphim Space ’s Maureen Haverty declare oneself a few tips on how to make a recondite tech startup seem more credible when everything about it screams “ skill fabrication . ”
African startups see their fundraising prospects dry up as capital availability falls yet again in Q3
Last quarter did n’t see so hot for African startups as support trends fell back to what we ’re call off “ pre - COVID norms . ”
But it ’s not all doomsday and gloom : Although there was less money to go around , more startup in the region got funding . And we were pleasantly surprised that the companionship that get the most funding in Q3 is not a fintech .
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Where’s the innovation in induction kitchens?
I ’m not a chef , but I can make a really good omelet . If I had the kitchen that Tim De Chant imagines , though , I think I ’d be in the kitchen whipping thing up every Clarence Shepard Day Jr. .
But Tim has a controversial opinion : He wants to get rid of his kitchen range wholly .
Deal Dive: Why does General Catalyst want to buy a healthcare system?
During the pandemic , a boatload of money rain down down on the health tech sector , with the great unwashed rushing to latch on to any pandemic tailwind .
And though many abandoned wellness tech once the world begin returning to normal , not everyone did , write Rebecca Szkutak .
“ Some decided to double up down . General Catalyst was one of those , and that position has result in an interesting development . ”