Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

If you can recall February, we dug into the question of AI startup gross marginsVenture shop a16z had published an interesting blog on the subject, arguing that it may be the case that AI-focused startups will enjoy strong gross margins, but perhaps not as strong as those posted by SaaS companies.

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Source: TechCrunch