Yombinator startups are the fastest growth in the history of funds due to artificial intelligence

The first silicone companies in the Silicon Valley get a large batch of artificial intelligence.

Ycombinator – known as support Airbnband Dropbox And Stripe – this week was held in its annual experimental day in San Francisco, where the founders handed over startups to the potential investment capital hall.

Garry Tan, CEO of YMbinator CNBC, told this group that grows much faster than previous dust and with actual revenues. He said that over the past nine months, a full range of YC companies has grown in a total of 10 % per week.

“It is not only the partners or two companies – the entire batch grows 10 % a week a week,” said Tan, who also constitutes a youth in Yombinator. “This has not happened before in the early stage project.”

Tan said the growth boom thanks to jumps in artificial intelligence.

Application developers can now download or automate more frequent tasks, and they can create a new code using large language models. Tan called it “ground coding”, a term to leave models that take the wheel and create programs. In some cases, Amnesty International can code the entire applications.

The ability of artificial intelligence to support a heavy business burden, otherwise these companies, allowed to build with fewer people. Tan said 95 % of their code was written by artificial intelligence, for a quarter of the current emerging YC, 95 % of its symbol was written.

“This looks a little frightening, but on the other hand, what this means for the founders is that you do not need a team of 50 or 100 engineers,” Tan said, adding that companies reach up to $ 10 million of revenue with teams of less than 10 people. “You don’t have to raise much. The capital goes longer.”

Tan said that the mentality of growth in everything in the Silicon Valley during the era of zero interest rate has come out “outside the window”, pointing to the renewed focus on profitability. This focus also applies to the end result on huge technology companies. Googleand Dead and Amazon He went through multiple tours of workers’ demobilization and pulled again upon employment.

While this shook some engineers, Tan described it as an opportunity.

He said it is easier to build a startup, and the top people in TECH do not have to prove its value by going to work in large technology companies.

“There is a lot of concern in the labor market, especially from the youth software engineers,” Tan said. “It may be this engineer who was unable to get a job in Meta or Google can already build independent business that achieves $ 10 million or $ 100 million annually with ten people – this is a strong moment in software.”

About 80 % of YC companies presented this week focused on artificial intelligence, with a handful of robots and semiconductors. Tan said that this group of companies managed to prove the previous commercial use compared to previous generations.

“There is a lot of noise, but what is unique at this moment is that people are already getting commercial verification,” he said. “If you are an investor in Demo Day, you will be able to contact the real customer, and this person will say,” Yes, we use the program every day. “

Y Combinator was founded in 2005 by Paul Graham, Jessica Livingstone, Robert Morris and Blackwell. The company invests 500,000 dollars in startups for stock share. Then these founders enter a three -month program at the headquarters of San Francisco and obtain guidelines from the partners and YC graduates. Demo Day is a way to attract additional capital.

The company has funded more than 53,000 companies, which it says is worth more than $ 800 billion. More than ten of them in general, and its value is more than $ 100 billion or more. More than 15,000 companies are applying to reach the accelerator, with an acceptance rate of about 1 %.

More investment capital incubators have appeared over the past decade, and more capital has come to startups at an early stage. Despite the competition, Tan argued that Y Combinator has an advantage thanks to its strong network. He pointed to the number of governor companies of high value that rises, and pushed the idea that specialized incubators were taking business.

“About 20 to 30 % of companies through YC change their idea and sometimes their manufacture. If you end up with a very specialized incubator, you may not be able to change to the thing that was supposed to be you,” Tan said. “We believe that the effects of the network and the YC’s standard features have become more bold.”