MARKET TRENDS

→ View original post on X — @learnopencv

Level-5 Autonomy Always Seems Five Years Away

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@learnopencv

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26 May 2023 21h04

People have been consistent about their opinion about level-5 autonomy. Five years back they said it was 5 years away, and they say the same thing today.

→ View original post on X — @nathanbenaich

NVIDIA’s AI Hardware Leadership Position Faces Future Challenges

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@nathanbenaich

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26 May 2023 20h07

NVIDIA arguably saw the future before everyone else…and were extremely nimble at executing. Though it’s position is far from unassailable on both the hardware and software front…. by @tim @RichardWaters

Consumer AI Adoption Challenges vs Enterprise Suitability

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26 May 2023 19h21

As fast as AI is developing, consumers are still very much locked in their ways and it’s an uphill battle to change core behaviors. And the tools they (and many future consumer AI startups) built were uniquely suited to enterprise use cases.

Neeva’s AI Search Failed Due to Switching Costs

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26 May 2023 19h20

Neeva went for an AI-powered experience earlier this year, but that wasn’t the issue—people were already duct taped to google and bing, and the cognitive switching cost created an enormous barrier to growth, even if Neeva was able to get to AI powered results faster.

Neeva Acquired by Snowflake for $150M After $77.5M Funding

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26 May 2023 19h19

Neeva had raised around $77.5m from investors including Sequoia and Greylock, led by former Google ads boss Sridhar Ramaswamy. It sold to Snowflake for $150m, per what I’ve heard, and snowflake was one of multiple companies evaluating it.

Snowflake Acquires Neeva: AI Search Engine Acquihire Trend

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26 May 2023 19h18

Earlier this week Snowflake acquired Neeva, a startup trying to make an ad-free search engine powered by generative AI. But it didn’t acquire a search engine—and stories like Neeva’s acquihire are ones that we’ll see a lot in the coming years.