Ira Bodnar, founder of San Francisco–based startup Ryze, said her company's core product was effectively made obsolete overnight following rapid AI breakthroughs by Anthropic and Manus AI.
“Claude just killed our startup,” Bodnar wrote on X on Monday, referring to Anthropic’s popular chatbot. The AI firms unveiled features that directly competed with Ryze’s product, a tool for managing Google (NASDAQ:GOOGL) (NASDAQ:GOOG) and Meta (NASDAQ:META) ads, causing the company’s deal close rate to drop drastically from 70% to 20%.
Despite having gained several hundred paying clients in just two months, Ryze found its specialized category redundant due to the AI’s native automation.
However, Bodnar remains optimistic about the future, announcing plans to pivot Ryze towards building complex AI workflows for large advertising agencies.
Predictions On AI’s Next Disruptions
Bodnar also made a few predictions:
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