Posted 10/5/2023, 10:09:36 AM
Bitpanda CEO: Just 2% of AI startups will survive hype cycle, but mature players can still build
- Just 2% of companies raising money for AI will survive hype cycle, says Bitpanda CEO Eric Demuth
- Demuth compares AI hype to previous cycles like blockchain, NFTs, and web3
- Bitpanda launching $10M AI division despite prediction, focused on trading tools
- Demuth says crypto winter lets "grown-ups build", good time for banks to catch up
- Recently partnered with Coinbase to help banks offer crypto services after regulation
