| Hi, Agen. Some of these AI startup valuations are getting pretty big. Latest case in point: Salesforce Ventures is reportedly leading a fresh $200 million investment into an artificial intelligence startup at an eyebrow-raising $4 billion valuation — double the startup’s previous valuation. Plus, we look at Saudi Arabia-based investors’ growing interest and influence in U.S.-based startups, and three reasons why now may actually be a great time to launch a new company. Even as the global venture market stumbles, Saudi sovereign wealth funds, corporate venture arms and other firms are exploring more deals, worth more money, involving U.S.-based startups than ever before, Crunchbase data shows. Good companies can come out of difficult times — remember that Uber and WhatsApp both came out of the 2008 recession. Startup adviser Itay Sagie presents three compelling reasons why now may actually be another great time to venture out with a new company. In another sign that the AI fervor that has taken over the private markets is nowhere close to being over, Salesforce CEO Marc Benioff seemed to confirm earlier reports that the CRM giant’s venture arm has led an investment of around $200 million into AI startup Hugging Face at a whopping $4 billion valuation. Arm filed its IPO plans this week, and Instacart is expected to do so any day now. The performance of these two very different highly valued and well-branded companies will be a test of investor appetite in the next wave of technology IPOs, which some market watchers predict could perk back up this year and in 2024. The first seven months of the year saw only 34 cyber startups get acquired, putting dealmaking at its slowest pace since 2017. However, a couple of recent, large deals offer a positive indicator of pent-up demand. Related Crunchbase Pro list: M&A Involving VC-Backed Cybersecurity Startups | 
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