Entrepreneur | 12 March 2025
AI has become the dominant theme in venture capital, attracting significant investment and raising questions about whether it's the next dot-com bubble or a lasting shift in technology. Rahul Agarwalla, managing partner at SenseAI, wasted no time addressing the elephant in the room. "Last year alone, about $500 billion was invested in AI. Of that, $100 billion went into venture funding, but the real story is the $400 billion going into building AI data centers," he noted. This level of capital deployment, Agarwalla argued, signals that AI is not just a passing trend.
Som Pal Choudhury, co-founder & partner at Bharat Innovation Fund agreed, highlighting how AI's rapid technological advancement distinguishes it from previous tech booms. "When ChatGPT came out in 2022, it was orders of magnitude faster and more cohesive than anything we had seen before," he said. "The last two years, frankly speaking, none of us have been able to even keep up with the pace."