Newcomer • 963 implied HN points • 30 Jun 23
- Significant AI startup acquisitions and funding rounds indicate a strong interest in generative AI technology.
- Acquisitions like Thomson Reuter's $650 million purchase of Casetext show genuine value placed on generative AI by established companies.
- MosaicML, with a $1.3 billion acquisition by Databricks, is contributing to the hype around AI startups, despite some skepticism over valuation.