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At least half a dozen investors ET spoke to said it will be crucial for early-stage software companies to showcase how they are leveraging AI in their products to attract new investments in 2024.
Generative AI Startups: “We are at a point in SaaS where we will see ‘mass retooling’ of companies in 2024. Category after category, companies will figure out how to leverage AI with the intent to make their products 10x better,” said Rajan Anandan, managing director of Peak XV Partners (formerly Sequoia Capital India & Southeast Asia) & Surge.
Generative AI Startups: Over the last 12 months, a new generation of AI-driven companies and generative AI tooling startups have attracted investments, but this represents only a small percentage of the companies driving innovation in this space. Under the surface lies vast, untapped potential for more.
Over the last 12 months, a new generation of AI-driven companies and generative AI tooling startups have attracted investments, but this represents only a small percentage of the companies driving innovation in this space. Under the surface lies vast, untapped potential for more.