Add AI to your deck, add a zero to your valuation

Here's a headline: 4 week old AI startup raised $113 million dollars.

That's the amount for a company with no revenue, and no product, they managed to convince investors to put in more than $100 million dollars. It feels like the lyrics of a Dire Straits song…  Money for nothing. Today Alec and Sascha ask if they're missing something here... or is this a sign that AI hype is reaching fever pitch?

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