Last month, the US AI giant Anthropic released a new Claude tool for the legal industry, triggering a sell-off in publicly listed firms like Salesforce and reigniting concerns that AI-native startups could wipe out traditional SaaS giants.
So will Europe’s VC-backed SaaS giants survive the AI area? And what about the VCs who’ve heavily backed them?
In this episode of the Sifted Podcast, host Amy Lewin is joined by senior reporters Freya Pratty and Anne Sraders to unpack what the rise of AI means for Europe’s VC-backed software companies — and the investors who’ve poured billions into them.
Read more here: https://sifted.eu/articles/european-vc-saaspocalypse
Startup Europe — The Sifted Podcast