The Upfront Summit, an exclusive annual conference hosted by Upfront Ventures, drew notable figures like Kamala Harris and Prince Harry this year at the Intuit Dome in Inglewood, CA. While the event centered around basketball, discussions revealed investor concerns about the tech market, particularly the dominance of AI mega-rounds. Harris held a private meeting discussing AI’s future with venture investors. Despite excitement around generative AI, many investors expressed pessimism about capital returns due to a sluggish IPO market and startup failures. The summit also raised over $130,000 for wildfire relief, highlighting ongoing challenges faced by the LA tech community.