Fortune reposted this
There’s no cooler way to end Day 2 of Fortune #BrainstormTech than with conversation and song by the one and only Aloe Blacc 🎤
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Fortune reposted this
There’s no cooler way to end Day 2 of Fortune #BrainstormTech than with conversation and song by the one and only Aloe Blacc 🎤
Salesforce’s AI chief says companies are frustrated by generative AI’s unreliability, such as hallucinations, or when AI spouts incorrect or biased information, and that the problem keeps many of them from widely releasing products that incorporate it. That leads to a broader question for businesses, Clara Shih, CEO of Salesforce AI, said on stage at #BrainstormTech in Park City, Utah: “Do I trust AI to drive business?’” For many, the answer isn’t so simple. “Companies come to us and they want to know how they can really deploy these solutions in a way that actually moves the needle,” she explained. Read more: https://lnkd.in/e2hD5bUe
Fortune reposted this
Such a delight to welcome Ripple CEO Brad Garlinghouse back to Fortune #BrainstormTech for a spirited conversation about regulation, tokenization, and the partisan realities of crypto.
That's a wrap on Day 2 of #BrainstormTech in Park City, Utah! We heard from: ➡️ Sequoia Capital Managing Partner Roelof Botha ➡️ Lucid Motors CEO Peter Rawlinson ➡️ Zoox CEO Aicha Evans ➡️ Singer Aloe Blacc ...and so many more! Learn more about our community: https://lnkd.in/dt5wDVZz
What does a Grammy-nominated singer-songwriter do for an encore? If you’re Aloe Blacc, you add “biotech entrepreneur” to your résumé. After contracting COVID-19 in 2022—despite up-to-date vaccinations—the “Wake Me Up” artist co-founded Major Inc. to figure out ways to block the transmission of infectious diseases, rather than fortify the body’s immune system to combat them. How is technology driving innovation in biotech? And where does music fit in? Blacc shared his story at #BrainstormTech and treated the audience to a special performance. Read more: https://lnkd.in/dt5wDVZz
Fortune reposted this
Spectacular scenery, meaningful conversations, and tons of networking - the Fortune #BrainstormTech Conference never disappoints. It's been a packed couple of days hearing from Founders, Venture Capitalists, and leading journalists, and introducing several attendees to KPMG's AI personality, Skylar.
Fortune reposted this
"My whole life is impossible." Watch my interview with Grindr CEO George Arison here:
While many of his peers have spent the last week rallying around who they will support in the 2024 election cycle, Sequoia Capital’s top partner Roelof Botha criticized the level of division in the country and said that his firm would not be choosing sides. “At Sequoia as a partnership, we don’t take a political point of view,” Botha said Tuesday at #BrainstormTech in Park City, Utah. He added: “We’re proud of the fact that we’ve enabled many of our partners to express their respected individual views along the way, and given them that freedom.” Read more: https://lnkd.in/evUhUFbg
Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023, citing the “AI transition” in its annual environmental report. But according to Jeff Dean, Google’s chief scientist, the report doesn’t tell the full story and gives AI more than its fair share of blame. Dean, who is chief scientist at both Google DeepMind and Google Research, said that Google is not backing off its commitment to be powered by 100% clean energy by the end of 2030. But, he said, that progress is “not necessarily a linear thing” because some of Google’s work with clean energy providers will not come on line until several years from now. “Those things will provide significant jumps in the percentage of our energy that is carbon-free energy, but we also want to focus on making our systems as efficient as possible,” Dean said at #BrainstormTech in an onstage interview with Fortune’s AI editor Jeremy Kahn. Read more: https://lnkd.in/eRHvak-6
For a startup to earn the moniker “unicorn”— attaining a valuation of $1 billion as a private company—was once a vaunted status. Just a decade ago, only 80 companies had joined the club. Then came the boom of the zero-interest rate era, pushing the number above 1,200 by the beginning of 2024. But the venture capitalists who backed them have a burning question: Will they ever achieve an exit? The so-called “age of the unicorns” has given way to a freezing of public markets, which Fortune deemed the “age of the unicorpses” in a cover story in January. With interest rates rising and government regulators striking down acquisitions, all of the companies that were able to rake in billions in funding have now found themselves struggling to achieve a successful outcome, with many folding against a less forgiving financial landscape. At #BrainstormTech conference, a panel of top investors from firms including Google’s independent growth fund CapitalG and the multi-billion-dollar firm Norwest Venture Partners discussed how they are coping with the new reality and whether IPO markets will open back up within the next couple of years. The conclusions were mixed. Read more: https://lnkd.in/eeQaaf3H