"This may sound dismissive, but promise it isn't. A year like 2024, that was more or less average in the venture world is actually great, and a welcome change from the rather extreme volatility of the prior few years."
"The money coming into GenAI will mirror the money that went into the dot com economy, and much like the dot com bust, many AI companies won't be able to fund the computing costs without massive infusions of cash that might not be there."
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