Very strong hypothesis...only thing I would add is a data enablement trend line below and spanning all three columns labeled 'Data Dependency', rising sharply towards right.
📢 New @a16z thesis: We believe AI will automate operations and eat the world of RPA 🤖
Historically, most ops work couldn't be automated because it was too bespoke and lacked native integrations or APIs, and so was done manually or through imperfect RPA solutions.
With generative AI, intelligent automation through AI agents is now possible. What we believe 👇
In investing, beta is volatility. Describing a founder as "high beta" means they're either going to flame out or take over the world. And at YC that translates to yes.
Every company is now a technology company (this used to not be the case).
Technology requires builder tools. The most widely used developer tools in the world:
-Visual Studio: 40m active monthly developers
-Copilot Studio: 30k+ organization usage
-GitHub: 100m+ developer usage
We are excited to announce a $1.5 billion investment from @Microsoft in G42, marking a significant step forward in our journey to lead in #AI innovation globally.
The sixth annual Forbes AI 50 list is now live.
There were many impressive companies that didn't make this year's top 50. We had over 1,900 applicants for just 50 slots.
The process from 1,900 to top 100 is fully algorithmic based on metrics like revenue scale, revenue growth, Glassdoor reviews, and product reviews. For the first time, nearly all winners had impressive financial metrics, a great sign for the AI industry. From the top 100 to final 50 we then have a panel of judges from the AI and VC industry vote.
When we started the list in 2019, there were maybe 200 applicants (the industry was much smaller). Now, with 1,900 and I think we should make it the AI 100 next year in 2025! If there is a company you think should make the list next year, please tag them below so we can reach out when we put the next list together!
Here are some rising trends we noticed in this year's list:
General productivity
Five productivity apps, @OpenAI’s ChatGPT, @AnthropicAI’s Claude, @DeepLcom, @NotionHQ and @magicaltome are now catering to customers at the consumer, prosumer and enterprise levels. Productivity has always been a focus of AI, but we saw huge gains revenue growth and user engagement this year.
Applications for creators
Image editor @photoroom_app, video generation app @pika_labs and game-builder @Rosebud_AI show that the lines are blurring between consumer and prosumer for creative software. Products like OpenAI's Sora are mind-blowing, and just the beginning of the next generation of applications for creators.
AI in the physical world
@Figure_robot in robotics, @tractian in industrial maintenance and @Waabi_ai in self-driving are beginning to show how the integration of AI software with hardware will transform work in the physical world. Our guess is next year's list will have many more companies in the AI robotics trend. It seems right around the corner.
Infrastructure
@MistralAI is an amazing new entrant in foundation models. In many ways Mistral has taken leadership in the Open Source community alongside list veteran @huggingface. @langchain established itself in a category of its own as an all-purpose application development framework for working with LLMs.
Thanks for reading. Tag any companies we should include for next year's list, as well as any other trends or ideas you noticed this year!
https://t.co/QT05fZ40sp
Sustained great work often demands enjoying the process for its own sake rather than only feeling joy in the end result. Time is mostly spent between results, and hard to keep pushing yourself to get to the next level if you’re not having fun while doing so.
And why is #NuclearFusion power a game changer?
-Power Today = nuclear fission facility (produces radioactive waste, capital intensive, centralized production)
-Power Tomorrow = nuclear fusion modular (does not produce radioactive waste, lower cost, distributed production)
Today @Microsoft becomes the first #Nuclear#Fusion Power customer of @Helion_Energy. This is the first commercial deal for fusion power and we are incredibly excited.
https://t.co/x9PDlgCkar
Power is important to Microsoft because Cloud effectively converts electrons to 1's & 0's, on top of which we provide customers massive software and digital capabilities. Efficient & sustainable power conversion = further enabling developers and communities around the world.