Fintech funding: Citi Ventures cautious of AI hype

Citi Ventures is aware and wary of a potential hype cycle relating to AI and aims to avoid investing in overvalued startups.   “The over-hype, under-hype cycle is something that happens continuously, and AI has not been immune to that,” Managing Director Luis Valdich told Bank Automation News. “We try to make investment decisions carefully […]

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