观点人工智能

Who needs revenue when you’re a multibillion-dollar AI start-up?

Companies with no products or idea yet on how to make money are seeking huge valuations in funding deals

To have faith in the recent uptick of multibillion-dollar valuations for tech start-ups that have no profits, no sales and no product to speak of, you have to believe normal rules do not apply.

This, of course, is exactly what founders of artificial intelligence companies want you to think.

DeepMind co-founder Sir Demis Hassabis remembers feeling indignant when investors asked him about returns a decade ago. “I’m telling you this is the most important thing of all time,” he says in The Thinking Game, a new documentary about his company. “And you’re asking me how you’re going to make money? What’s your product? It’s like, so prosaic a question.”

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