I think it’s more to do with high rate environment, with most AI firms having no clear path to profitability. Where-as many traditional tech venture rounds (now

I think it’s more to do with high rate environment, with most AI firms having no clear path to profitability. Where-as many traditional tech venture rounds (now of days) have a solid business model and current profitability per deal, using raised capital to accelerate growth at current loss for long term profit.