verticalized

With so much in the rearview mirror, it’s hard to predict what will happen with AI startups in 2024. But some people, like investors, make their living from shrewd bets, so TechCrunch+ recently asked more than 40 investors what they think AI investing could look like in 2024. Most investors told TechCrunch+ that they expect the current swell of funding to continue but were optimistic that the industry is moving past its initial hype cycle and toward more durable businesses. Lisa Wu, a partner at Norwest Venture Partners, expects opportunities in verticalized AI to be particularly attractive this year. “For example, law firms that effectively leverage AI will be able to offer their services at lower cost, higher efficiency and higher odds of favorable outcomes in litigation.”