ENTERPRISE 5.0 | Q3 2024
The BGV Beat
KEY TRENDS
Democratizing AI Innovation
Big tech dominates via CVC investments
Big Tech dominates investment in AI technology; a public strategy for regulation is crucial to challenge uneven distributions of economic power.
the Emergence of AI powered services firms
As AI outputs become more commonplace, the real differentiators will be firms that blend automation with human expertise to deliver trust, empathy, and high-quality results.
DEEPER INSIGHTS
Beyond Infrastructure
Alternative Paradigm on AI Innovation
By reimagining AI as a powerful asset, akin to electricity, we can harness its capabilities to profoundly enhance our lives in myriad ways. This human aspect is crucial.
Unleashing the Power of Unstructured Data
Enterprises must choose between adopting and cobbling together best of breed solutions from smaller AI infrastructure startups, adopting end-to-end platforms from incumbents, or combining both.
Financing Events
BGV is excited to announce our investment in the seed round of Affineon Health, an innovative AI platform transforming healthcare. Affineon streamlines inbox workflows for clinicians by automating time-consuming, repetitive tasks. This reduces cognitive load and allows clinicians to dedicate more time and attention to patient care.
COVU, a leader in AI-native services for insurance agencies, has successfully raised $12.5 million as part of its Series A funding round, bringing total funding to over $20 million. The round was lead by BGV and ManchesterStory, reflecting strong support for COVU’s mission to enhance insurance agency operations with advanced technology.
Perspectives - Advancing Human Centric AI
The AI Awakening
Erik Brynjolfsson, Professor at Stanford University, explores the hype and real potential of AI in driving productivity growth, emphasizing the importance of distinguishing hype from reality.
Human Augmentation
The conversation examines the challenges startups face in scaling AI applications and the evolving landscape of AI tools versus service-based models.
Investing & Building AI Companies
With AI at the forefront of a technological shift, exploring investment nuances is more crucial than ever. The investors panel at the BGV Summit provided key insights from leading minds in AI investment.
Enterprise AI Adoption
The Startup Panel brought together leading entrepreneurs and experts to discuss the challenges startups face in today’s landscape, including adoption barriers, rising costs, and emerging opportunities.
Spotlight
2024 EAIGG Annual Report Has Been Released!
The 2024 EAIGG Annual Report lays out an Alternative Paradigm on democratizing AI and highlights our efforts to flatten the innovation landscape. From expanding our leadership, assembling an esteemed group of multi-disciplinary stakeholders in our the Human AI Advisory Council, to incubating the Human AI Accelerator, aimed at empowering a fresh wave of human-centric AI innovation, we’ve crafted a vision for an AI future that benefits all of society.