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OpenAI · Funding Round ·

The FDE Bubble: Silicon Valley’s Most Expensive Game Of Pretend

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Anurag Gurtu, co-founder and CEO of Airrived.

Congratulations to the enterprise AI company that raised another nine-figure round to solve a problem software is supposed to solve by itself: getting humans to use the product.

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Summary

You’ve read the press release, “autonomous,” “agentic,” “category-defining” in paragraph one, and then, a few paragraphs down, where the money is going: hiring an army of engineers to sit inside customer offices and manually make the “autonomous” thing behave. Nothing says “we’ve built the future of work” like raising half a billion dollars to hire more people to do the work. Here’s how it works, in case the deck was too artfully vague:. Send in the forward deployed engineers: sharp young people with CS degrees who now spend six months hand-building the workflow the website implied already existed.

Read full article at Crunchbase News →

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