The alchemy of the venture capital process is under pressure.“Investors are now saying, ‘Listen, you know, my money’s been tied up in that company long enough. I’d be happy to see an exit,’ ” says Lane Bess, VC investor and CEO of Deep Instinct https://
wsj.com/articles/vc-fi
rms-and-tech-startups-face-growing-pressure-for-liquidity-enter-private-equity-043f72f9?st=oohqcF
… via @WSJ
@steve_rosenbush
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VC Liquidity Pressure: Private Equity Steps Into the Gap
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Scaling Startups: Managing Chaos During Rapid Growth
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For the fastest-growing startups, chaos is a feature, not a bug . As @assaf_rappaport of @wiz_io said: “We didn’t call it …. Scaling despite the chaos.”
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Jensen Huang: Companies Must Become AI-Powered Organizations
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@bellelin_ at #GartnerSYM: @nvidia CEO Jensen Huang told thousands of business technology leaders that their companies must become artificial intelligence-powered organizations to prepare for what he calls a “new industrial revolution.” https://
wsj.com/articles/nvidi
a-chief-makes-case-for-ai-first-companies-1214235e?st=TRcBHn
… #CIO -
Intel’s Chip Manufacturing Business Faces Critical Viability Test
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The prospect of an Intel takeover obscures the most important question about the company’s future: whether it can make its three-year-old effort to manufacture chips for other companies stand up.
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Startups Balance Growth Ambitions with Spending Constraints
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And as growth expectations rise, many startups are under pressure to limit the spending that fuels growth. @IndexVentures
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AI Regulation Insights Discussed at Open Gathering
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Thanks so much for hosting a great open and on the record gathering with so much insight into where AI regulation may be headed!
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Broadcom VMware overhaul forces partners to renegotiate contracts
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Partners and resellers of VMware software say they have a matter of days to sign new contracts, and will be forced to either eat or pass on higher costs to customers https://
wsj.com/articles/europ
ean-cloud-group-calls-for-regulatory-scrutiny-over-broadcoms-vmware-overhaul-28b7c6ed?st=bf3sxbesqsj6hux
… @IsabelleBiscuit -
Open Source AI startups challenge big tech giants with potential risks
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Mistral AI, Hugging Face and others are betting they can stand up to OpenAI and big tech firms by making their technology open source—but it could lead to more risk than reward, @bellelin_ reports.
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AI Automation Shrinks US IT Job Market by 20,000-30,000
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The IT job market in the U.S. is expected to shrink by another 20,000 to 30,000 jobs in 2024, while AI accelerates the automation of some tech jobs https://
wsj.com/articles/tech-
job-seekers-without-ai-skills-face-a-new-reality-lower-salaries-and-fewer-roles-db63f6e0?st=bdig5cb28op2awj
… @bellelin_ -
AI Favors Large Data-Rich Companies Says Cisco CEO
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The rise of AI will tend to favor large, data-rich companies over smaller upstarts, according to @Cisco CEO Chuck Robbins. “This is a revolution that actually favors incumbents with large datasets,” he said. https://
wsj.com/articles/cisco
-closes-28-billion-acquisition-of-splunk-betting-big-on-ai-836b6560?st=l9fmtxuezys3giq
… via @WSJ #CIO #AI #ArtificialIntelligence