Venture Valuation Rollercoaster in 2023: AI Stars Shine, While Giants Face Decline

In the dynamic world of venture-backed startups, 2023 has witnessed a seismic shift in valuations, influencing the entire ecosystem. Amidst the turbulence, Artificial Intelligence (AI) emerges as a pivotal player, propelling certain companies to unprecedented heights. Notably, OpenAI secured the crown for the largest valuation hike, soaring by a staggering 2,800% to $29 billion after […] source: https://www.cryptopolitan.com/venture-valuation-rollercoaster-in-2023/