The Economist: AI startups soar on hype, not revenue
Key topics:
AI startups land huge valuations despite lacking revenue or clear strategy
Traditional metrics like ARR give way to "experimental run rate" (ERR)
Fierce AI competition fuels rapid growth but threatens long-term stability
Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.
If you prefer WhatsApp for updates, sign up to the BizNews channel here.
The auditorium doors will open for BNIC#2 on 10 September 2025 in Hermanus. For more information and tickets, click here.