Recent Venture Deals Show AI Valuations May Be Cooling
Valuations of generative artificial intelligence startups appear to be coming down—slightly.
The latest example is Synthesia, which helps companies create AI videos. It’s raising $150 million in funding at a valuation of $2.1 billion after the investment, double its valuation from 17 months ago, according to a person involved in the deal. While the valuation may seem high, it’s actually far lower than valuations many startups were getting earlier this year and last year, as a multiple of their revenue.
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State of the business model | Copyright and intellectual property