Madrona’s annual IA40 list shows an AI industry splitting in two

Madrona’s sixth annual Intelligent Applications 40 names 45 private AI companies that have raised $410 billion combined, with Anthropic, OpenAI and Databricks accounting for 92% of that total. Rising round sizes forced the firm to raise its own funding thresholds for what counts as an early-stage company. Read More

The big AI labs are eating the startup playbook — here’s where founders can still compete

Startup founders used to worry that tech giants would make their product obsolete. Now it’s even trickier: AI labs are not only encroaching on startup turf, they’re also offering tools for customers to attempt DIY solutions of their own. But there are approaches that work, and niches to be found, according to speakers and panelists at the Tech Alliance Seattle Investor Summit+Showcase this week. Read More