How to build a solid and profitable business! – AI Startup


After a year of people throwing money at AI companies, investors are now looking for startups that are more solid and viable. This may prove challenging for AI founders: AI is expensive to build and maintain.

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Sanjay Dhawan, CEO of SymphonyAI, offers some tips on how to build a strong foundation for a profitable AI startup. His first tip? Be realistic about your cost model.

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Generative AI is not a home run in the enterprise

The man is looking at big data represented by data symbols such as binary codes and graphs.

Image Credit: Ariya Sontrapornpol/Getty Images

Ah, we’ve found one place that’s slowing down when it comes to generative AI: the enterprise.

According to a Boston Consulting Group survey of 1,400 executives, nearly 70% said they are undecided or dissatisfied with their organizations’ progress on generative AI. Although they still see it as a priority, factors such as no roadmap or strategy and lack of talent are preventing survey respondents from engaging. “The results throw into sharp relief the high degree of enterprise skepticism surrounding any AI-powered generative tool. Kind,’ writes AI reporter Kyle Wiggers.

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Startups should use investors’ operational expertise to solve inefficiencies and grow faster

4 Post-it notes on cork board;  Talking points for investor talks

Image Credit: Mirajsi (Opens in a new window) / Getty Images

Founders and investors should build relationships beyond just finance. Having an investor on the board can help drive growth, but it’s not always clear to know where a board member’s responsibilities begin and end.

Vineet Jain, CEO and co-founder of Egnite, the leading cloud-based collaboration and governance platform, offers some advice on how to navigate these conversations.

Ask Sophie: Am I eligible for the Stateside Visa Stamping Program?

Lone figure at the entrance to the maze hedge with an American flag in the center

Image Credit: Bryce Durbin/TechCrunch

Dear Sophie,

I am working in America on H-1B visa, which I got in 2022. However, I do not have the H-1B visa stamp in my passport because I changed my status from F-1 student to H-. 1B Professional While in the US Although I believe I qualify for an interview waiver at the US Embassy in New Delhi, I have not left the US due to the uncertainty of whether I will be granted an interview waiver and the potential delay in returning. I work in America, I heard that a new visa stamping program will start soon in America. Am I eligible?

– looking for stamp

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