Author: Karabo Tema

The progress achieved by OpenAI’s ChatGPT has revolutionised Artificial Intelligence (AI) and the technological landscape re-establishing a tech market cap dominance that seemed to be fading. Since its launch in November of 2022, ChatGPT has caused a burst of activity introducing large investments in AI. At the end of September 2024, AI funding rounds had reached over 3,680. A large portion of the capital raised was seed funding indicative of an AI ecosystem still in its nascent state as many startups try to enter AI-mania. AI native companies have benefited by taking advantage of depressed investment themes and headwinds in…