1. Many startups claiming AI are simply doing things with data; research shows two-fifths have no AI programs in their products [1].
2. Round-closing announcements trail the actual closing by several months. Not to mention the actual raising and diligence takes months (even more so for larger/later rounds). Thus the $ reported here does not factor in covid19 and the current economic crisis, as implied.
2. Round-closing announcements trail the actual closing by several months. Not to mention the actual raising and diligence takes months (even more so for larger/later rounds). Thus the $ reported here does not factor in covid19 and the current economic crisis, as implied.
[1] https://www.ft.com/content/21b19010-3e9f-11e9-b896-fe36ec32a...