It’s time to gather your robots and get ready for a high-tech show-and-tell at TC Sessions: Robotics 2022 on July 22 at the Hynes Convention Center in Boston, Massachusetts. Join more than 2,000 other brilliant, robot-obsessed early-stage startups, founders, builders, engineers and investors for a day dedicated to the future of what else […]
AI rounds are particularly hot or at least as hot as the larger SaaS market, which is itself enjoying historically rich multiples as more capital pours into the aggregate startup world.
Expect an even hotter AI venture capital market in the wake of the Microsoft-Nuance deal
Finally, Microsoft is having an impact in Silicon Valley
Microsoft’s huge purchase of health tech AI company Nuance led the technology news cycle this week. The $19.7 billion transaction is Microsoft’s second-largest to date, only beaten by its purchase of LinkedIn some years ago.
For the AI space, the sale is a coup. Nuance was already a public company, but to see Microsoft offer a firm premium over its public-market value demonstrates the value that AI technology can have to wealthy companies. For startups working in the AI space, the Nuance deal is good news; the value of AI revenue was repriced by the acquisition’s announcement and for the better.