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After a year of people throwing money at AI companies, investors are now looking for startups that are more solid and viable. This can prove difficult for AI founders: AI is expensive to build and maintain.
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SymphonyAI CEO Sanjay Dhawan offers some tips on how to build a solid foundation for a profitable AI startup. His first tip? Be realistic about your cost model.
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Generative AI is not a home run in the enterprise.
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Ah, we’ve found one place that’s slowing down when it comes to generative AI: the enterprise.
According to a Boston Consulting Group survey of 1,400 executives, nearly 70 percent said they were unclear or dissatisfied with what their organizations were doing on generative AI. While they still see it as a priority, factors like lack of a roadmap or strategy and lack of talent are keeping those surveyed from jumping into it. Kind of, writes AI reporter Kyle Wiggers.
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Startups must use the operational expertise of investors to solve inefficiencies and scale quickly.
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Founders and investors should build relationships beyond just finance. Having an investor on the board can help accelerate growth, but knowing where a board member’s responsibilities begin and end isn’t always clear.
Vineet Jain, CEO and co-founder of Egnyte, a leading cloud-based collaboration and governance platform, offers some advice on navigating these conversations.
Ask Sophie: Am I eligible for the Stateside Visa Stamping Program?
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Dear Sophie,
I am working in US on H-1B visa, which I got in 2022. However, I do not have an H-1B visa stamp in my passport because I changed my status from an F-1 student to an H-. 1B Professional Living in the US Although I believe I am eligible for an interview waiver at the US Embassy in New Delhi, I have not left the US due to uncertainty as to whether I was granted an interview waiver. Will go and possible delay in return My job in the US I have heard that there will be a new visa stamping program in the US soon. Am I eligible?
– Stamp search