State of AI in 2025

Published

9th July 2025

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Krishna Mehra and Poorvi Vijay

Episode Description

AI company building in 2025 isn't what anyone expected. While the technology keeps advancing at lightning speed, the real challenge has shifted to distribution, talent wars, and navigating an increasingly crowded market.

After 15+ investments in AI-native companies over the past two years, we're seeing clear patterns emerge around what works - and what definitely doesn't.

Just since our last conversation with Krishna Mehra (AI Partner) and Poorvi Vijay (Principal) in February, the AI landscape has been completely rewritten, with ever more sophisticated reasoning models, multi-billion dollar M&As and multimodal interaction becoming standard.

In this follow-up episode, they join Krishna Veera Vanamali (AVP Marketing - Content) to unpack what we're seeing on the ground and offer a tactical deep-dive into the current state of AI opportunities and company-building motions.

The conversation explores several critical areas:

>Where Elevation is investing

> India's enterprise adoption challenge

> The agentic stack revolution

> Scaling dynamics of small teams

> The new talent wars

> Building distribution and moats

> Voice AI's breakthrough moment

…and more

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