AI application startups in India set to get more investments from VC firms Accel, Peak XV, Lightspeed

[ad_1] “We are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there,” said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. “We’re very active in the market.”  It’s a sentiment that’s echoed by the largest VC firms in the Indian market including Lightspeed, Accel…

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How AI is transforming the role of venture capital for startups

[ad_1] At one end, a few elite engineers with exceptional architectural and business-function skills will command fat pay-cheques to troubleshoot code generated by artificial intelligence (AI). On the other, leaner teams of low-level engineers who generate code using AI assistants will replace the vast teams once required to execute large-scale software projects. Also Read: The…

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