Tag: AI

OpenAI’s Rich Valuation

OpenAI’s Rich Valuation

Irrational valuations still exist, especially in the private market thanks to more than a decade of easy Fed policy. 2023 will be the year that venture firms write down portfolio valuations if they have not done so already. We wrote about OpenAI's natural language offering - ChatGPT - last week. For what it's worth, OpenAI … Continue reading OpenAI’s Rich Valuation

ChatGPT Fun: From Jobs To Kubrick & More

ChatGPT Fun: From Jobs To Kubrick & More

More fun running Chat GPT queries (read this particular article in landscape mode to get the best viewing experience). We cover Steve Jobs, Stanley Kubrick, effective CEOs and wine pairings for roasted duck using OpenAI's ChatGPT natural language platform. Source: https://chat.openai.com/chat

OpenAI’s ChatGPT – Amazing

OpenAI’s ChatGPT – Amazing

OpenAI is one of the more interesting AI companies. We learned of it years ago (circa 2014), before we launched our Identity Hub offering for the P&C insurance industry. We played with OpenAI's chatbot - ChatGPT - a moment ago. Here is what we found.. What is ChatGPT? ChatGPT is a natural language chatbot that … Continue reading OpenAI’s ChatGPT – Amazing

Don’t Give Up On Google

Don’t Give Up On Google

Google's AI leadership position will pay dividends for decades to come as natural language AI increasingly becomes part of our day-to-day lives. We are only in the first inning of AI's evolution insofar as how we interact with it on a day-to-day basis. Google's AI ingests more data and learns at a faster rate as … Continue reading Don’t Give Up On Google

What Does It Mean For Meta To Decentralize AI?

What Does It Mean For Meta To Decentralize AI?

In short, greater revenue potential, greater accountability and greater risk of expense overruns: Greater revenue potential: These AI investments will likely focus on driving product usage as well as tracking and predicting user behavior for both new and existing products. Better products mean more usage, more usage typically means more Ad revenue for advertising revenue-driven … Continue reading What Does It Mean For Meta To Decentralize AI?

28 Billion New Photos & Videos Each Week Means Google Photos Has Pricing Power

28 Billion New Photos & Videos Each Week Means Google Photos Has Pricing Power

High product usage rates combined with high switching costs equal pricing power. Google Photos - the popular photo & video management platform for Android and iOS - has pricing power to spare. Google ran the playbook perfectly. Years ago Google promised users of its Photos service that the service would remain free for life so … Continue reading 28 Billion New Photos & Videos Each Week Means Google Photos Has Pricing Power

Amazon Is Reshaping Healthcare

Amazon Is Reshaping Healthcare

Amazon (tkr: AMZN) is one of four firms working to reshape the healthcare landscape along with Walmart (tkr: WMT), Alphabet (tkr: GOOG) and Apple (tkr: AAPL). Amazon has established positions in key strategic areas of the healthcare market including healthcare services and insurance (via its Haven joint venture with Berkshire Hathaway and J.P. Morgan) as … Continue reading Amazon Is Reshaping Healthcare

New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

IBM plans to spin off the Managed Infrastructure Services business within its Global Tech Services ("GTS") segment (approximately $19B TTM revenue through June 2020). Doing so will provide more air time to the acquired RedHat OpenShift (IBM's "Hybrid Cloud" strategy) and cognitive computing businesses. Post-spin, the growth in these businesses will make a greater revenue … Continue reading New IBM CEO Arvind Krishna Understands the Value of Spin-Offs

Perception Is Everything

Perception Is Everything

Investors finally may be valuing Amazon as the AI-powered, massively-scaled, market-leading Technology company that it is. We could make the case that AWS and Amazon Prime combined are worth $1.5 trillion (a 20x revenue multiple applied to each). This valuation would imply that the "Retail" operation (ex-Prime), including Whole Foods, Amazon Go, Amazon Pharmacy, Amazon … Continue reading Perception Is Everything

Poor Reputations Travel Quickly

Poor Reputations Travel Quickly

Amazon is developing a reputation for poor deal etiquette. Specifically (as reported by the WSJ), Amazon is using intelligence gathered by its venture arm during deal due diligence to develop competitive offerings. Microsoft, Google, Walmart, Alibaba, Shopify and others will likely capture a percentage of venture and M&A deal flow that otherwise would have gone … Continue reading Poor Reputations Travel Quickly