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A Tale of Two Startups; Xooglers Land $10 Million To Soften Your Accent
The Information www.theinformation.com
There’s something ironic about publishing a story on early-stage AI startups struggling to raise money and, over the next two days, writing about a one-year-old legal AI startup landing a $700 million post-investment valuation and a Xoogler-founded AI startup nearing a $2 billion price, as Natasha and I did yesterday.
But these stories don’t contradict each other. Instead, a “tale-of-two-cities” narrative is playing out as generative AI hype has reached its peak.
Some startups are having a hard time …
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