| Hi, Agen. From health care to digital media to indoor farming, AI’s role can be felt almost everywhere. But even their touted expertise in the latest industry du jour could not save these failing unicorns. Using Crunchbase data, we look at some of the biggest flops in the AI-focused unicorn herd. It’s not just Babylon Health. Scores of venture-backed companies touting artificial intelligence technologies have shuttered or seen valuations plummet in the past few quarters. We’ve gotten used to seeing funding deals with lots of zeros attached going to AI companies, but even so, $200 million is a lot of dough at Series B. This funding round went to a startup that trains foundation models optimized for “reasoning.” Nvidia was among the backers. While some think an early-stage startup doesn’t really need a chief operating officer, Davidovs Venture Collective’s Marina Davidova disagrees and makes the case for the necessity of this important early hire and how generative AI can help. While Texas isn’t exactly a slouch on the startup front, there’s long been a perception that venture investment levels don’t reflect the state’s entrepreneurial potential. With some giant funding deals this year to Lone Star State startups, is 2023 the year Texas’ star will finally rise? Here’s why that doesn’t seem likely. Related Crunchbase Pro lists: • Texas Startup Funding • Largest 2023 Texas Funding Rounds The No. 1 most active investor in U.S. startups last month has been relatively consistent this year — despite a slowing VC market — ranking first for the second month in a row. We look at the most active startup investors in the U.S. last month, and some of the interesting companies they funded. Crunchbase is now Service Organization Control 2 (SOC 2) Type II compliant. Earning this certification is part of our ongoing commitment to maintaining the security, confidentiality, availability and privacy of our systems for our customers, users and partners. | 
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