Venture hype for AI startups continues. Is it too late to participate?

Venture capitalists and large corporations, including Microsoft and Google, continueshow unflagging interestto startups in the field of generative AI.Just when we were thinking, "Where can we go from here?" investors on Tuesday poured $700 million into two artificial intelligence startups—Builder.ai and Anthropic—signaling a continuation of the artificial intelligence craze that has dominated venture capital markets since end of last year.

— Anthropic is the leader in collections with itsa generative AI model named Claude is ChatGPT's main competitor. The company has raised $450 million in a Series C led by Spark Capital with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures and others.

London-based Builder.ai has raised over $250 million in Series D led by Qatar Investment, with participation from Authority, Iconiq Capital, Jungle Ventures and Insight Partners.

With so many major rounds announced,When the hype is at its peak, one has to wonder whether the startups claiming to be AI are actually using generative AI in their business, and moreover, offering a unique approach rather than a copy of ChatGPT.