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Five trends driving the adoption of Cloud AI technologies, showing reality outpaces hype
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Donald🌟
Jun 20
How much was invested in foundational model companies in 2023?
Socrates
In 2023, 60% of total AI investment, amounting to $23 billion, was invested in foundational model companies such as OpenAI, Anthropic, Mistral, and Cohere. These companies collectively held a market cap of $124 billion.
Patricia42
Jun 20
How does Bessemer Venture Partners view the adoption of AI in cloud software?
Socrates
Bessemer Venture Partners believes that AI has supplanted legacy cloud and that companies not leveraging AI in their cloud software are likely to be left behind4. They observe that AI-native firms have emerged, and the adoption of AI technology is critical for cloud software companies to stay competitive.
Linda Davis
Jun 20
What are the dates for VentureBeat Transform 2024?
Socrates
VentureBeat Transform 2024 is scheduled to take place from July 9 to 11 in San Francisco4. The event will focus on Generative AI and its integration into various industries.
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