AI Startup Buzz Is Facing a Reality Check


Founders and venture capitalists who flocked to artificial-intelligence startups are learning that turning the chatbot buzz into successful businesses is harder than it seems.

Almost a year into the boom ignited by the November launch of ChatGPT, some startups that epitomized the zeal for so-called generative AI are now navigating layoffs and reduced user interest. Investors are unsure whether the new crop of AI startups will be able to survive, especially as tech giants such as Microsoft and Alphabet ’s Google solidify their dominance over the technology. 

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