AI Startups Are Eating Each Other

🔥 What happened AI startups are on a buying spree: 195 acquisitions by venture-backed AI companies through Sept. 29 — already 14% more than all of last year. OpenAI leads with 20 deals, 10 of them this year, followed by Anthropic and Legora at five each. 💡 Why it matters Just 67 repeat buyers account for 42% of all deals, so consolidation is accelerating fast. With sky-high valuations, stock is cheap currency, and buying a team beats building one when speed decides who wins. ⚡ Our take If you're not growing 10x, you're not a competitor — you're inventory. The AI industry is eating its young and calling it product strategy.