STARTUP ARR IS LESS SECURE THAN EVER, NEW RESEARCH SHOWS

Summary from the TLDR Founders newsletter

74% of 150 enterprise IT professionals in a survey plan to expand their AI budgets in the next 12 months, and the rest plan to hold spending steady. However, these same enterprises say that fewer than half of their AI pilots ever make it into full production. Even when an enterprise does roll out the AI tech, it doesn't commit to it long term. Enterprise revenue remains insecure, even after a startup's AI product graduates out of a pilot phase and gets adopted by a company.