Are AI Innovations Losing Momentum? A Look at This Week’s Startups

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Despite this general downturn, certain segments like generative AI continue to attract significant funding, indicating a selective yet substantial interest in specific AI applications. AI investment is slowing down for a few reasons, like the crowded market and the steep costs of building big AI models. Investors are getting pickier and want to see real, solid returns instead of just throwing money at hopeful growth. (That isn’t stopping them from raising billion-dollar funds focusing on AI, of course.)