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AI News from ET - AI startup valuations are overheated: First Round Capital cofounder Howard Morgan

Vishwadeep Khatri
in AI News & Two Lenses

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Howard Morgan warns AI startup valuations are overheated, with many firms priced too high. He says “buy high, sell higher” works only in a bubble. He added that OpenAI looks overvalued, while Anthropic appears more focused. He was of the opinion that OpenAI would need years of strong earnings to justify its high valuation.

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