{
  "id": 9717975,
  "title": "Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two quarters, nearly 5x OpenAI and Anthropic pre-ChatGPT (Louise Lucas/Financial Times)",
  "url": "https://urgent.news/2026/09/25/radical-ventures-ai-neolabs-many-lacking-products-markets-or-revenue",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-25T06:30:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.ft.com/content/5308cce5-ba65-45e8-b9f4-59ea8b3cd900"
  },
  "original_language": "en",
  "account": null,
  "summary": "It is true that these numbers can hide some sleight of hand — It would be a brave or foolhardy investor who set out today to build a new Walmart, Uber or Amazon.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}