Get the latest tech news
VCs Say AI Companies Need Proprietary Data To Stand Out
TechCrunch's Rebecca Szkutak reports: TechCrunch recently surveyed 20 VCs who back startups building for enterprises about what gives an AI startup a moat, or what makes it different compared to its peers. More than half of the respondents said that the thing that will give AI startups an edge is t...
More than half of the respondents said that the thing that will give AI startups an edge is the quality or rarity of their proprietary data. Paul Drews, a managing partner at Salesforce Ventures, told TechCrunch that it's really hard for AI startups to have a moat because the landscape is changing so quickly. "Access to unique, proprietary data enables companies to deliver better products than their competitors, while a sticky workflow or user experience allows them to become the core systems of engagement and intelligence that customers rely on daily."
Or read this on Slashdot
