After pouring billions into AI, venture capital faces a reckoning with DeepSeek breakout: ‘It’s a gut check’
Despite the setback for OpenAI and Anthropic, investors tell Fortune that DeepSeek could spur AI startup growth.
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From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025
Aaron Jacobson, partner, NEA: Code agents for app development modernization are underhyped. Expect to see AI being used to re-platform mainframe apps to the cloud and upgrade older codebases.
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After pouring billions into AI, venture capital faces a reckoning with DeepSeek breakout: ‘It’s a gut check’
Aaron Jacobson, a partner at NEA working on AI investing, said that DeepSeek likely doesn’t represent an “extinction” moment for firms that plowed billions into its competitors, though it ...