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AI Startups Are Doing Poorly, as Is AI Overall

Much hype has surrounded AI startups in recent years, but some of this may be overblown as such startups have tended to underperform compared with their peers in other fields. Such companies’ profitability, or lack thereof, along with decisions about whether to go ahead with IPOs or SPACs offer insights into the current state of the AI sector, and what the near future holds.


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