“Read through the noise”: Investors try to keep pace with AI

Two years into the generative artificial intelligence (GenAI) era, it’s harder than ever for venture capitalists to spot winners in a rapidly changing competitive landscape.

“This is a once in a generation opportunity” for investors, Sapphire Ventures president Jai Das said, during a panel at the HumanX AI conference in Las Vegas.

A huge chunk of venture capitalist money has funded companies crafting large language models (LLMs), the software engines running AI tools like ChatGPT.

But as it becomes increasingly harder for AI tools to stand out,…