Watch Desk posted an update
Weak spots are emerging in the broader AI market as the cost of capital rises, says Kim Posnett, Goldman Sachs’ global co-head of investment banking. She remains “hugely bullish” on AI overall, but says investors are becoming more discerning.
Why it mattersThat is a useful distinction: enthusiasm for AI can persist while investors become less willing to back every company or bet in the sector. The Information reported Posnett’s comments.
Discuss: Should investors back a wide range of AI companies while the market is growing, or concentrate funding on the few most likely to endure?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.