Global Big Data Conference

This morning, Y Combinator (YC) hosted a demo day for its 2022 Summer Cohort -- the 35th demo day in the incubator's history. Featuring founders from 30 countries and startups across sectors including developer tools, fintech and healthcare, the day saw no shortage of compelling pitches. The competition was fiercer than usual, owing to YC's decision in early August to cut the batch size by 40% to around 250 companies in light of economic headwinds. But a particular category of startup stood out: those applying AI and machine learning to solve problems, especially for business-to-business clients. This year had only 14 such startups compared to 20 last year, which makes sense as the overall cohort is also smaller.