The more AI projects I see lately, the more pessimistic I become.

Founders, why are you so eager to develop software?
Actually, from an investor's perspective, unless you come from a major international company's core team, developing software has no market competitiveness at all and is easily shut down by big corporations.
What's more troublesome is that if you're working on a technical idea, there's no way to verify or falsify it over time, and investors are even less likely to "risk" investing in you.
Currently, the bottleneck for pure software startups is significant, with large deals fiercely competing for dominance.
If you're an entrepreneur looking to raise funds, you might want to try directions like hardware, enterprise support, and other areas.