Linas Beliūnas’ Post

The magnificent seven - Alphabet, Microsoft, Amazon, Nvidia, Apple, Meta, & Tesla - are driving nearly 8% of all Venture Capital activity, with a strong focus on Generative AI. Yet, these investments are a drop in the bucket compared to their R&D, Capex, and share buybacks. This highlights their strategic emphasis on AI as a cornerstone of future innovation, while showcasing their vast financial power and long-term vision. Source: Dealroom.co #TechInvestments #VentureCapital #AI #GenerativeAI #Innovation #InvestmentTrends

📈 Microsoft and Nvidia Leapfrog Apple with AI 📈 Life comes at you fast! Recently, Nvidia briefly became the world's richest company, surpassing Microsoft and Apple. Microsoft and Nvidia have soared to new heights due to their long-term investments in AI. Key Takeaways: Nvidia and Microsoft have seen massive gains due to AI, but their share prices are volatile. AI has reshaped the tech landscape, creating new leaders and shifting market dynamics. Sustainability concerns loom as the energy demands of AI grow. How will companies balance innovation with sustainability as the AI race heats up? Read the full article for more insights: https://buff.ly/3RTSuaB #AI #TechInnovation #MarketTrends #Sustainability

Have you heard about the magnificent seven? Apple, Microsoft, Amazon, NVIDIA, Meta, Tesla, Alphabet Inc. are all companies that have made a significant impact on the tech industry. But who will be the next new entrant? With the rise of AI , it's no surprise that people are wondering if the next addition to the list will be an AI company. We see one future issue. AI will have a significant impact on the worlds Sustainability goals. Therefore, the AI companies who get their Sustainability agendas in order, will likely be the winners. What do you think? #aisustainability #mag7 #tech #sustainability

🚀 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗶𝗻 𝗔𝗜!🚀 Thrilled to share that Kore.ai, a leader in enterprise AI, has secured a massive $150M in funding led by FTV Capital and featuring participation from NVIDIA. This funding cements Kore.ai's position in the booming AI market. 🌐 𝗠𝗮𝗿𝗸𝗲𝘁 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺: With the AI market projected to hit $377B by 2032, Kore.ai aims to revolutionize global customer and employee experiences. The funding will accelerate market expansion and drive continuous AI innovation. 🚀 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗔𝗜 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻: Kore.ai's enterprise-grade no-code platform empowers companies of all sizes to implement AI safely and responsibly, delivering significant revenue and cost savings. Recognized as a go-to solution, the platform offers purpose-built workflows and flexible tools. 🌍 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗺𝗽𝗮𝗰𝘁: Fortune 2000 companies worldwide, including PNC Bank, AT&T, and Coca-Cola, leverage Kore.ai to enhance experiences. The company's triple-digit YoY growth, automating 450 million daily interactions, and global expansion highlight its impact. 🤖 𝗩𝗶𝘀𝗶𝗼𝗻𝗮𝗿𝘆 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽: Raj Koneru, CEO of Kore.ai, expresses gratitude for FTV Capital's backing and emphasizes doing AI right. FTV Capital, with its deep knowledge, is excited to partner on Kore.ai's growth trajectory. 🎉 𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: As a tech recruiter, thrilled to witness Kore.ai's impactful journey and congratulate the team on this significant funding milestone! 🚀✨ Check out Kore.ai on LinkedIn for more updates! 🌐👥 Link to article in comments 👇 #AI #Innovation #FundingSuccess #Koreai #TechNews #FutureTechLeadership

AI Now and Next: Insights from Sir Martin Sorrell Attending the Dublin Tech Summit virtually has been an incredible experience! 🎉 Sir Martin Sorrell, an advertising legend, shared some transformative insights about the future of media planning and buying. The shift towards hyper-personalization and the critical role of first-party data will revolutionize the industry, leading to significant changes in job roles. His advice to CEO's & CTOs: 1. Agility is crucial: Nvidia exemplifies this with its flat organizational structure and minimal one-to-one meetings, allowing for swift decision-making and priority setting. 2. Control over activities: Emphasize taking back control within companies. 3. First-party data: Seamlessly integrate sources of first-party data. For example, BMW's direct-to-consumer approach with Mini ensures control over data without intermediaries. Key takeaway: Agility and control over first-party data are essential for future success. As we continue to embrace AI and emerging technologies, staying ahead means adapting quickly and leveraging data effectively! #DubTechSummit #AI #Leadership #Data #CEO #CTO

Nvidia's recent surge in revenue, driven by just a few major customers investing heavily in AI, underscores a critical point: those who invest in AI-compute power are pulling ahead. Giants like Amazon, Microsoft, Tesla and Google are reaping the rewards, but what about traditional European industry leaders? For companies like Volkswagen, Airbus, and Siemens, the potential of AI is enormous. However, without similar investments in AI infrastructure, they risk falling behind in an increasingly competitive landscape. You need compute to stay ahead. When will they start? Interested in how your company can stay ahead? Let's talk about making strategic investments in AI-compute power to ensure you remain competitive. #AI #Innovation #DigitalTransformation #AICompute #BusinessGrowth

🔸 The #EU Parliament approved the #AI Act on March 13. 🇪🇺 🔸 Mustafa Suleyman, co-founder of #DeepMind, will join Microsoft as CEO of the new consumer AI unit and executive VP of AI. 🔸 Saudi Arabia's Public Investment Fund plans to create a $40 billion fund for AI investments. 🇸🇦 🔸 Elon Musk's company xAI has open-sourced its large language model Grok-1. 🔸 Denmark has partnered with Nvidia to establish a national AI innovation center, housing the "Gefion" #supercomputer. 🇩🇰 🔸 NVIDIA has introduced its latest and most advanced series of AI #chips, Blackwell B200. 🔸 Apple is discussing with Google to use its Gemini AI models for upcoming iPhone features. 🔸 YouTube now requires creators to label AI-generated content that looks realistic in videos. #Transparency #Tech #digital #AIEthics #future #GenerativeAI #technology #artificialintelligence #business #innovation

If you want to take advantage of the AI wave, there are only 3 places in the world you want to be in. Everyone in tech wants to be working on Cloud and AI. As the market looks to see who might be the winners and losers, it’s key to understand where the major corporate powers are shifting. As we look at the market cap of the top 10-15 companies it’s clear which companies the world is valuing today because of the AI and how their HQs are concentrated in a few locations. Top 1: San Francisco Bay Area - home to HQs of big tech like Apple NVIDIA Meta Google land top startups and VCs, the next big AI challenger in the application layer might be around the corner. Top 2: Seattle - HQ to 2 of the biggest cloud providers Amazon and Microsoft and a big presence of the 3rd, the foundation of AI is data and most will be stored in the cloud and the AI tool chain that’s will dictate where the data gravity will be. Top 3: Taiwan - we can’t talk about AI without chips and home of TSMC and expertise in this sector, this might be the surprise of them all. Think about it. Will you be part of the next wave driven by AI the next 5-10 years? Now is the chance. #startupmindsets

🔍 **Unlocking AI's Future: Insights from Eric Schmidt's Stanford Talk** 🔍 Eric Schmidt, ex-CEO of Google, recently shared thought-provoking perspectives at a Stanford conference, covering everything from AI competition to work-life balance, and some unexpected twists. Here are the highlights: ✨ **Confidentiality Mishap** Schmidt's candid thoughts were unintentionally live-streamed, turning a private discussion into a viral moment! ⚙️ **Balancing Work-Life and Competing in AI** He argued Google’s work-life balance hampers its competitive edge in AI, comparing it to the relentless pace at OpenAI and TSMC. 🤝 **Admiration for Legends** Schmidt praised Elon Musk and TSMC for their rigorous work cultures and high-pressure environments that drive success. 🚀 **Missed Opportunities and Lessons Learned** He admitted underestimating NVIDIA's CUDA technology, which has now become pivotal for AI development. 🔍 **Surprised by Partnerships** Microsoft’s collaboration with OpenAI caught him off guard, and he had critical views on Apple's leisurely approach to AI. 🌍 **Global Strategies and Partnerships** Schmidt proposed the U.S. partner with countries for resources and funding, viewing India as a critical ally while expressing doubts about Europe’s tech innovation due to regulatory challenges. ⚖️ **Wealth Disparities and Job Impact** He warned of AI's potential to widen wealth gaps and reduce demand for human labor in manufacturing. 💡 **AI vs. Electricity** Schmidt likened AI’s current phase to the early days of electricity, emphasizing enormous potential requiring organizational innovation. Let's keep pushing boundaries and leveraging AI responsibly to create a brighter future! 🌟 Are you ready to ride the AI wave? 🌊 Join the conversation! [#AIInnovation, #FutureTech, #Leadership, #WorkCulture, #GlobalTech]

Hey millionaires. I thought it would be interesting to take a look and share with you some insights on how AI is influencing the stock market, with a particular focus on Microsoft, Nvidia, and Apple. Microsoft and Nvidia's stocks have been performing exceptionally well, both companies making significant gains on their investments in AI. This is testament to their forward-thinking approach and focus on innovation. On the other hand, Apple, a major player in the tech industry, has been somewhat slow to adopt AI. This has resulted in a bit of a slowdown in growth, which is uncharacteristic for a company like Apple. However, Apple is now making a concerted effort to catch up in the AI race. They're investing heavily in the technology, and it will be interesting to see how this plays out. Given the contrasting approaches by these tech giants, it throws the pace of the technological world into sharp relief. It's not just about participating in the race, but knowing when to accelerate. What's your opinion on this? Is Apple's belated push into AI a stroke of genius or a missed opportunity? Let me know your thoughts below.