The AI Gold Rush: How Startups Can Stake Their Claim In A Competitive Frontier

crunchbase news | March 4, 2024

Following the debut of ChatGPT, it didn’t take long for AI companies to flood the business landscape. But while AI startups successfully raised $50 billion worth of investment in 2023, there was a clear decline in investments by the end of the year, indicating the initial investment buzz was wearing off.

Rather than casting wide nets of investments over the space, investors are now seeking stronger market fits. To succeed in this new age of AI maturation, entrepreneurs need to focus on building moats — finding unique ways to build a defense perimeter around their offering to fend off competitors or, at the very least, make it difficult to compete with them.

Dive into Adi Gozes’s latest insights on navigating the AI landscape. Learn how startups can carve their niche in this competitive frontier—from building moats of competitive advantage to anticipating future trends.

Read Article