An AI revolution is happening in India, where OpenAI is offering a year of free ChatGPT Go for all users, a strategic move to dominate the AI landscape.
This move can be seen as a game-changer in one of the fastest-growing tech markets, with
conversational AI being handed out like Oprah handing out cars.
Sequoia's Roelof Botha recently stated that
venture capital isn't an asset class, with the number of venture firms in the U.S. growing from 1,000 to 3,000 in two decades.
Botha's comments highlight the unique nature of venture capital, which is
a blend of art and science, with a sprinkle of unicorn dust, much like a garden that requires nurturing.
Author's summary: AI and venture capital are changing the tech landscape.