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The development of large AI models demands substantial research costs and time, giving big tech companies a significant advantage. However, generality of AI is driving a surge in AI startups worldwide, attracting considerable investment. These startups are not confined to traditional tech products and services but are applying AI technology across various fields such as education, health, architecture, energy, and smart cities to gain a competitive edge.
What conditions must these AI-powered startups then meet to grow into unicorns and eventually decacorns? And how can we identify startups with such potential? Venture capitalists from Silicon Valley, as well as startup ecosystems in Europe and Asia, discuss the next AI decacorn.
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