Analysis

September 15, 2023

‘It’s so bloody basic’ — how GenAI startups forgot to find a problem to solve

Investing in startups building big GenAI models is a “recipe for waste” says Keelvar CEO Alan Holland


Tim Smith

4 min read

Keelvar CEO Alan Holland

Generative AI startups like Stability AI, Mistral and Poolside may have normalised the $100m seed round over the past 12 months — but in trying to rival big tech and build large models, they have already missed the boat.

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

Deeptech & AI

Deeptech & AI

Mon

The people, companies and trends shaping European AI and deeptech.