In the AI gold rush, everyone is selling the same shovels

Getty Images; Alyssa Powell/BI AI companies are rapidly expanding into each other's markets for growth. For example, labs are entering the vibe-coding and agentic application space. "Super-app talk is mostly noise that's going to get resolved," one VC said. Earlier this year, I had a noble idea. For my job, I have to remember a lot of AI companies, so I thought I'd draw up a competition map for my desk. I'd divvy a sheet of paper into columns and list major companies based on which part of ...