When it comes to AI implications for tech M&A, everyone‘s asking the same questions right now: Does this company have actual AI capabilities, or is it just a wrapper around ChatGPT? Is their “ML-enabled” feature real, or it is just a one-off model buried in a Jupyter notebook? Can we create real value with the asset during the hold period via AI, or will we just end up funding multiple science experiments, build a glorified statistical model, label it as “AGI” with the illusion of intelligence?