Venture capital firm Capria is actively promoting AI adoption within its portfolio companies to enhance efficiencies and expand market reach. Will Poole, Managing Partner at Capria, emphasizes that startups neglecting AI integration risk falling behind competitors who leverage this technology early on. The firm, with over 350 startups in its portfolio across various regions, is closely collaborating with these companies to implement generative AI solutions, aiming to boost the Total Addressable Market (TAM) and overall operational efficiency. Gen AI is deemed crucial for future success, as it enables wider internet access, particularly beneficial for non-English speakers and the youth in regions like India. Capria’s approach involves working with startups to prototype and implement Gen AI solutions, enhancing their overall business scalability and market competitiveness.
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