Get the latest tech news
Five trends driving the adoption of Cloud AI technologies, showing reality outpaces hype
Bessemer Venture Partners' 2024 State of the Cloud reveals the rapid growth of AI. It identifies five trends shaping the Cloud AI economy and why the market is moving faster than the hype.
Nevertheless, he and his co-authors believe the takeaway for fellow investors, founders, CEOs and executive teams is that “if you’re building cloud software right now and you’re not thinking about how to leverage [AI], you’re likely missing it.” They cite how companies over the past two years have become AI-native firms armed with full knowledge of language model technology and how they can use it to improve their products. Bennett urges companies to design for the future “in very modular ways” meaning that when baking AI into internal tools, build it so that when a superior offering comes out, the technology can easily be inserted, saving time and resources. Along with Bennett, Mike Droesch, Sameer Dholakia, Talia Goldberg, Janelle Teng, Caty Rea, Lindsey Li, Maha Malik, Bhavik Nagda, Aia Sarycheva, and Alex Yudtiski co-authored Bessemer’s 2024 State of the Cloud report.
Or read this on Venture Beat
