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AI is making companies more efficient, says Fiat Ventures GP

Fiat Ventures General Partner and Fiat Growth Founding Partner Drew Glover joins Ed Ludlow and Caroline Hyde to discuss the impact of AI on the fintech space, and why he thinks AI is a great tool but might not be the right product for all companies. He speaks on “Bloomberg Technology.” ——– Like this video?…

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Fiat Ventures General Partner and Fiat Growth Founding Partner Drew Glover joins Ed Ludlow and Caroline Hyde to discuss the impact of AI on the fintech space, and why he thinks AI is a great tool but might not be the right product for all companies. He speaks on “Bloomberg Technology.”
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6 Comments

6 Comments

  1. Susan Elizabeth

    September 5, 2023 at 7:55 pm

    i am here on the ground. It is getting worse, not better.

  2. Norman Oro

    September 5, 2023 at 8:23 pm

    It’ll be really interesting to see how fintech companies deploy generative AI both to clients that are businesses and to clients who are individual consumers. As far as whether business-to-business or business-to-consumer seems more attractive, with venture dollars hard to come by because money is so expensive and with the resulting focus on generating real returns now (versus only growth), it would seem like fintech companies that focus more on providing backend services to businesses (eg, processing transactions and providing related analytics) are better positioned than their business-to-consumer brethren. First of all, as Drew Glover alluded to, there aren’t the considerable expenditures needed to create a brand in the minds of potential customers. Perhaps even more importantly, I think the competitive advantage of simply being an incumbent (and therefore a known quantity) can be sufficient when it comes to B2B fintech companies because current and potential customers need reliability and stability. Consequently, the cost of switching to another provider (or selecting a relatively unknown one if you’re shopping for a provider) can often be prohibitive regardless of that provider’s price-point because the perceived risk is so great.

  3. BUY_YOUTUBE_VIEWS_77

    September 5, 2023 at 8:55 pm

    Truly impressive! 🌟

  4. shoopddawhooped

    September 6, 2023 at 3:17 am

    Getting some big C3AI vibes from this one. In This Video : Drew Glover does his best dog impersonation as he proves his lack of knowledge around home loan origination and customer privacy regulations then ponders Shopify’s Stripe integration, after deflecting away from GenAI.

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Bloomberg Technology

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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