This Week in Enterprise Tech

Week 6 - This Week in Enterprise Tech

March 26, 2024 Charles Araujo and Hyoun Park Season 1 Episode 6
Week 6 - This Week in Enterprise Tech
This Week in Enterprise Tech
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This Week in Enterprise Tech
Week 6 - This Week in Enterprise Tech
Mar 26, 2024 Season 1 Episode 6
Charles Araujo and Hyoun Park

Welcome to Week 6 of This Week in Enterprise Tech! The DX Report’s Charles Araujo and Amalgam Insights’ Hyoun Park bring up 6 big topics from a week that was jam-packed with enterprise tech relevance. 

1. NVIDIA, The Prom King of Tech. In a week where everyone who is anyone in enterprise tech put out a press release talking about their AI, what did NVIDIA actually announce that will affect enterprise IT departments this year? Here’s our take based on

Jensen Huang’s keynote https://www.youtube.com/watch?v=Y2F8yisiS6E
NVIDIA’s NIM Announcement https://nvidianews.nvidia.com/news/generative-ai-microservices-for-developers
And a relevant Fast Company article on the potential for NVIDIA-powered digital twins https://nvidianews.nvidia.com/news/generative-ai-microservices-for-developers

2. ServiceNow Releases Washington DC. ServiceNow, now a staple in the enterprise IT environment, made its biannual release. In tradition with naming platform updates for major world cities, this newest platform of Washington DC came out and it was all about AI. https://www.servicenow.com/company/media/press-room/now-platform-genai-washdc-release.html

3. CIO Concerns for VC-Backed Firms. The rules for venture capital have changed in recent years, which makes it harder for CIOs to figure out which startup tech vendors are worth taking a chance on. What should enterprise IT be looking for in today’s world of IT consolidation? https://www.digitalnative.tech/p/two-roads-diverged-the-splitting

4. Microsoft Bails Out Inflection AI. In 2023, Inflection AI took on 1.3 billion in funding commitments to build out AI capabilities. Microsoft decided it made more sense to basically acquihire the executive team. What does it mean for startups when 1.3 billion isn’t enough to compete in AI? https://blogs.microsoft.com/blog/2024/03/19/mustafa-suleyman-deepmind-and-inflection-co-founder-joins-microsoft-to-lead-copilot/

5. SEC Goes After "AI-Washing”. The SEC has decided to push against unsupported claims of being AI-powered or having AI products. But how should this be interpreted after a decade when everything with even the slightest hint of math has been breathlessly proclaimed a game-changing AI service? Here’s our take with a nod to Crunchbase: https://news.crunchbase.com/ai/startups-sec-ai-washing-warnings

6. The Decline of Open Source in IT. Based on the following articles, we explore why Open Source businesses are struggling in 2024 and how going Open Source is less attractive as a business model in today’s economic environment.
Runtime, featuring long-time enterprise tech surveyor Tom Krazit https://www.runtime.news/the-slow-decline-of-the-open-source-startup

Grok goes Open Source https://www.wired.com/story/elon-musk-no-choice-open-chatbot-grok

This Week In Enterprise Tech is hosted by:

Charles Araujo of The DX Report and

Hyoun Park of Amalgam Insights

Show Notes

Welcome to Week 6 of This Week in Enterprise Tech! The DX Report’s Charles Araujo and Amalgam Insights’ Hyoun Park bring up 6 big topics from a week that was jam-packed with enterprise tech relevance. 

1. NVIDIA, The Prom King of Tech. In a week where everyone who is anyone in enterprise tech put out a press release talking about their AI, what did NVIDIA actually announce that will affect enterprise IT departments this year? Here’s our take based on

Jensen Huang’s keynote https://www.youtube.com/watch?v=Y2F8yisiS6E
NVIDIA’s NIM Announcement https://nvidianews.nvidia.com/news/generative-ai-microservices-for-developers
And a relevant Fast Company article on the potential for NVIDIA-powered digital twins https://nvidianews.nvidia.com/news/generative-ai-microservices-for-developers

2. ServiceNow Releases Washington DC. ServiceNow, now a staple in the enterprise IT environment, made its biannual release. In tradition with naming platform updates for major world cities, this newest platform of Washington DC came out and it was all about AI. https://www.servicenow.com/company/media/press-room/now-platform-genai-washdc-release.html

3. CIO Concerns for VC-Backed Firms. The rules for venture capital have changed in recent years, which makes it harder for CIOs to figure out which startup tech vendors are worth taking a chance on. What should enterprise IT be looking for in today’s world of IT consolidation? https://www.digitalnative.tech/p/two-roads-diverged-the-splitting

4. Microsoft Bails Out Inflection AI. In 2023, Inflection AI took on 1.3 billion in funding commitments to build out AI capabilities. Microsoft decided it made more sense to basically acquihire the executive team. What does it mean for startups when 1.3 billion isn’t enough to compete in AI? https://blogs.microsoft.com/blog/2024/03/19/mustafa-suleyman-deepmind-and-inflection-co-founder-joins-microsoft-to-lead-copilot/

5. SEC Goes After "AI-Washing”. The SEC has decided to push against unsupported claims of being AI-powered or having AI products. But how should this be interpreted after a decade when everything with even the slightest hint of math has been breathlessly proclaimed a game-changing AI service? Here’s our take with a nod to Crunchbase: https://news.crunchbase.com/ai/startups-sec-ai-washing-warnings

6. The Decline of Open Source in IT. Based on the following articles, we explore why Open Source businesses are struggling in 2024 and how going Open Source is less attractive as a business model in today’s economic environment.
Runtime, featuring long-time enterprise tech surveyor Tom Krazit https://www.runtime.news/the-slow-decline-of-the-open-source-startup

Grok goes Open Source https://www.wired.com/story/elon-musk-no-choice-open-chatbot-grok

This Week In Enterprise Tech is hosted by:

Charles Araujo of The DX Report and

Hyoun Park of Amalgam Insights