Y Combinator's latest class is a feeding frenzy for VCs looking to back AI startups: 'There's hysteria for a reason'

Y Combinator’s latest class is a feeding frenzy for VCs looking to back AI startups: ‘There’s hysteria for a reason’

in Stocks

Reading Time: 3 mins read

VCs are scrambling to back the AI startups in Y Combinator’s latest batch.
Several generative AI startups have already secured funding from top firms, sources say.
And while valuations are down across the board, YC AI startups are still hot.

It’s been less than a week since Demo Day at storied Silicon Valley incubator Y Combinator, but already, investors are on the prowl.

In Y Combinator’s latest winter 2023 batch, a number of startups have already landed investments from high-profile VCs, Insider has learned.

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