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'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT - CNBC
Overview
A recent analysis finds the post-ChatGPT investment boom — with more than $250 billion flowing into top labs — has redirected capital toward a small number of flagship companies and left many startups founded before 2022 stranded. Venture capital groupthink and FOMO have inflated valuations for AI-focused firms and tightened follow-on funding for consumer and enterprise businesses that don’t center on large language models. The concentration of capital in firms like OpenAI and Anthropic, amplified by big fundraises, new models and public-policy battles, is reshaping which startups survive and which fail to attract investment.
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