Corollary: robotics & AI acquisitions are rarely useful to the acquirer other than as a source of talent to redirect on core projects
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Rephrased: there's often a large gap between teams that can develop cutting-edge tech, and teams that can develop compelling products
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Isn't this true for most pure technology startups in general?
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@fchollet What's an example of an AI startup with a solid product (in the past 3 years say)?Thanks. Twitter will use this to make your timeline better. UndoUndo
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I guess that's because all of these acquisitions are more potential- or future-based. Especially now since the talent seems to be scarce this probably makes sense.
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For many the acquisition was the objective more so than a viable product. When startups listen to the idea that only BigTech has the data muscle to train effective DNNs maybe too many believe it.
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That's actually how the startup world works in general. If your product doesn't fly but still you created value, someone may buy you.
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True. Customers don’t care for AI first. That is why most startups in this phase will also struggle because they dont put customers first.
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Great example Matt - Our view: great AI solutions take deep vertical expertise merged tightly with an excellent AI team. A veneer won't do.
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It is true for evrething, did you see partner chart how fack ai is?
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