Anthropic backer Lightspeed Venture Partners is of the view that artificial intelligence is in a valuation bubble but said the underlying technology shift is still one of the most powerful in decades. Ravi Mhatre, cofounder and managing partner at Lightspeed, told ETtech’s editor Samidha Sharma at the firm’s headquarters in Menlo Park, California, that the current frenzy around AI funding reflects a “once-in-a-generation shift”, even as questions mount over circular deals and frothy valuations in the space.
“Yes, we are in a bubble, but that…
