THREE-QUARTERS OF FOUNDERS IN THE LATEST Y COMBINATOR COHORT ARE WORKING ON AI STARTUPS

Summary from the TLDR newsletter

Of the 208 startups currently listed in Y Combinator's S24 startup directory, 156 are working on AI-related products. Nearly half of all US venture capital investment went to AI companies last quarter. It is unclear whether Y Combinator is deliberately selecting startups that are working in the space, if more founders are choosing to work in AI, or if startups are just saying that their product is AI-related because they think that's what investors or customers want to hear. Only 33 Y Combinator startups were related to crypto and Web3 in 2022, when the technology was the hottest thing to work on.