Generative AI reminds me of ball bearings: the technology is relatively inexpensive, highly adaptable and a proven way to reduce friction.
Investors have taken notice: CB Insights reports that VCs poured $49 billion into AI last year, a 40% jump from the year before.
The hype so far has largely centered on chatbots and avatars, but “AI’s emergence will cut through material use cases in real estate tech,” says Kunal Lunawat, co-founder and managing partner of Agya Ventures.
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For TC+, Lunawat explores several examples, including the potential for layering AI into construction workflows, using ML data to optimize bidding and es...
