AI is not in a bubble, says VC founder. Why he says its different to the dotcom boom

▤ Summary

This article argues that the AI market is not in a bubble and looks different from the dotcom era. Magnus Grimeland says businesses are adopting AI much faster than past technology shifts and are willing to spend on it immediately. He points to real revenue growth at companies like OpenAI and Lovable as evidence that the sector has strong commercial fundamentals. The piece also highlights how AI is challenging large incumbents and creating room for smaller startups to build major businesses.

▦ Linked Companies

Lovable

$10M to $25M