Rising corporate spending on OpenAI threatens Salesforce and other companies
- Different businesses are increasing their spending on generative AI
- At the same time, companies are not increasing their overall IT budget
- That is, they are forced to reduce spending on other services
- For example, C1 spends 5-8% of its budget on AI
- C1's savings from AI are two to three times greater than its costs
- In particular, C1 has been able to reduce its spending on Salesforce
- AI is already becoming a key part of IT budget preparation
- AWS AI services sales more than doubled in one year
- For Azure, AI services sales are growing faster than others
- Coca-Cola, G42, Stripe and others are actively spending on AI from OpenAI
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Physical Intelligence has received a $400 million investment from Jeff Bezos and OpenAI
- Physical Intelligence startup develops brains for robots
- A new round of investment for the startup was led by Jeff Bezos
- Thrive Capital and Lux Capital also provided investments
- Other investors included OpenAI, Redpoint Ventures and Bond
- Physical Intelligence's valuation for the round was around $2 billion
- The startup wants to create basic software for any kind of robot
- That is, it w