Enterprise companies and productive AI: Are you just looking?

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I am diving this week Study extra about what productive AI means or doesn’t suggest for enterprise consumers. I even have some notes on why your organization would possibly need to be like Figma and the way the funding aspect of the market is adjusting to the brand new regular bearish rounds. — Anna

Potential not but unlocked

When The Change appears at Battery Ventures status of cloud software expense report, we began by specializing in what the title guarantees: contemporary information on cloud software program spend. And it turned out to be extra encouraging than we anticipated.

Subsequent, we checked out one other piece of excellent information for founders: Startups creating expertise to automate duties and ship fast productiveness beneficial properties can escape the disaster. It was based mostly on a report information level displaying automation rising amongst company funds priorities.

However behind my thoughts, I additionally saved eager about a number of the report’s interpretations of generative AI—and never as a result of cutting-edge approaches to the subject have been ubiquitous since then.

Quite the opposite, you can name Battery’s view on generative AI conservative, however that might be unfair. In any case, the VC agency was citing the findings of its Q1 survey, which collected responses from 100 C-suite executives (CXOs), who managed practically $30 billion in spending.