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Stripe says AI startups are growing faster than SaaS ever did, and calling them wrappers ‘misses the point’
In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data revealing that artificial
In its annual letter released Thursday, payments giant Stripe declared that it was “seeing an AI boom” with its data revealing that artificial intelligence startups are growing more rapidly than traditional SaaS companies have historically. Stripe said that new industry-specific AI tools are helping those players “properly realize the economic impact of LLMs and that the contextual, data, and workflow integration will prove enduringly valuable.” As evidence of that, Collison pointed to startups such as Abridge, Nabla and DeepScribe as helping to revamp patient and medical care as well as architects using SketchPro.
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