Pressure to back promising AI startups is upending the VC investment process, with investors willing to buy into the same round at rapidly escalating valuations (Bloomberg)

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Bloomberg:
Pressure to back promising AI startups is upending the VC investment process, with investors willing to buy into the same round at rapidly escalating valuations  —  Venture capitalists are fighting to invest in AI startup Emulate, driving its valuation into the billions …

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