
Investment•
VCs Bet Billions on AI to Reshape Service Industries
Venture capital firms are betting billions on a new strategy: acquiring traditional service businesses and transforming them with AI to achieve software-like profits.
Matthew Donovan is a business technology correspondent for Neurozzio, focusing on enterprise software, automation, and venture capital. He reports on how startups are using AI to transform traditional industries.
Venture capital firms are betting billions on a new strategy: acquiring traditional service businesses and transforming them with AI to achieve software-like profits.
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