Time’s almost up! There’s only one week left to request an invite to The AI Impact Tour on June 5th. Don’t miss out on this incredible opportunity to explore various methods for auditing AI models. Find out how you can attend here.
On Thursday, SalesForce (CRM) released weaker than expected earnings, resulting in the biggest 1-day decline in the stock since 2004. It was the latest in a string of disappointing earnings this season across the board from B2B SaaS companies.
This reporting quarter almost the entire B2B SaaS industry reduced guidance or disappointed investor expectations, including Asana (ASAN), Atlassian (TEAM), DataDog (DDOG),, Snowflake (SNOW), Twilio (TWLO), and Workday (WDAY).
Year-to-date performance of B2B SaaS Credit: Koyfin
It’s not AI (yet)
“Software is eating the world”, declared venture capitalist Marc Andreessen in a 2011 op-ed article for The Wall Street Journal. What came next was a long wave of Software-as-a-Service startups that crushed big box software incumbents, leading to some of the most successful IPOs of the last business cycle.
Recently however, there has been increasing speculation that large language models (LLMs) are a threat to the entire Software ecosystem. In an aptly named short essay titled “The End of Software”, venture capitalist Chris Paik of Pace Capital contends that can significantly lower the cost of software development and maintenance, leading to a proliferation of new, agile software solutions that could replace traditional SaaS models.
June 5th: The AI Audit in NYC
Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure optimal performance and accuracy across your …
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Time’s almost up! There’s only one week left to request an invite to The AI Impact Tour on June 5th. Don’t miss out on this incredible opportunity to explore various methods for auditing AI models. Find out how you can attend here.
On Thursday, SalesForce (CRM) released weaker than expected earnings, resulting in the biggest 1-day decline in the stock since 2004. It was the latest in a string of disappointing earnings this season across the board from B2B SaaS companies.
This reporting quarter almost the entire B2B SaaS industry reduced guidance or disappointed investor expectations, including Asana (ASAN), Atlassian (TEAM), DataDog (DDOG),, Snowflake (SNOW), Twilio (TWLO), and Workday (WDAY).
Year-to-date performance of B2B SaaS Credit: Koyfin
It’s not AI (yet)
“Software is eating the world”, declared venture capitalist Marc Andreessen in a 2011 op-ed article for The Wall Street Journal. What came next was a long wave of Software-as-a-Service startups that crushed big box software incumbents, leading to some of the most successful IPOs of the last business cycle.
Recently however, there has been increasing speculation that large language models (LLMs) are a threat to the entire Software ecosystem. In an aptly named short essay titled “The End of Software”, venture capitalist Chris Paik of Pace Capital contends that can significantly lower the cost of software development and maintenance, leading to a proliferation of new, agile software solutions that could replace traditional SaaS models.
June 5th: The AI Audit in NYC
Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure optimal performance and accuracy across your …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]