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Memo: Microsoft reorgs its cloud and AI teams to form a new "Core AI" unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering exec that joined in 2024 (Aaron Holmes/The Information)

Aaron Holmes / The Information : Memo: Microsoft reorgs its cloud and AI teams to form a new “Core AI” unit led by Jay Parikh, the ex-Lace...

29 April 2024

PitchBook: investors have poured $330B into ~26,000 AI and ML startups over the past three years, up 66% on funding to 20,350 AI companies from 2018 to 2020 (New York Times)

New York Times:
PitchBook: investors have poured $330B into ~26,000 AI and ML startups over the past three years, up 66% on funding to 20,350 AI companies from 2018 to 2020  —  The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars.  And even that may not be enough.

Posted from: this blog via Microsoft Power Automate.

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