Even companies eager to jump on the GenAI bandwagon have struggled to organize their data and get past deployment hurdles, and nobody likes to spend all that time, effort, and money to build technology that can't be shipped because it can't be trusted.
Happy New Year! Today: after years of hype and investment, enterprise generative AI applications are still awaiting their breakout moment, the data-center investment boom continues, and the latest funding rounds in enterprise tech.
This year marked a turning point for enterprise tech as spending recovered and the economy stabilized following years of rising interest rates and supply-chain disruption. While no one knows what lies ahead, here are five things we thought summed up a pivotal year.
Today: another dust-up on the Rust Project, CIOs are worried about a downside to AI-powered coding machines, and the quote of the week.
Today: how a emerging group of data companies are unlocking new ways to work with data but running into economic roadblocks, CoreWeave signs two big deals, and this week in enterprise moves.
The speed, flexibility, and efficiency provided by newer data tools have become much more important than simply dumping "Big Data" into a storage facility and running relatively simple analytical queries.
Hello and welcome to Runtime! Today: How New York Life is modernizing its tech infrastructure, Nvidia's magical month continues, and this week in enterprise startup funding.
"We're the proud stewards of a 175-year-plus company with a deep history," said Bill Cassidy, chief information officer, in a recent interview. "But you know, we're not dissimilar from large organizations with a fair amount of technical debt that we're trying to remediate."
Today on Runtime: why Snowflake's run as a stock market and data darling might have hit a wall, ransomware continues to plague businesses, and the quote of the week.
Today on Runtime: how CoreWeave is taking on Big Cloud, Satya Nadella is taking a hard look at Microsoft Research, and this week in enterprise moves.
CoreWeave, which started out as a cryptocurrency mining operation, is taking a fresh approach to cloud services: It is focused on delivering the raw ingredients for the generative AI boom at extremely competitive prices.
Today on Runtime: Microsoft's most interesting announcement from Build '23, more from our interview with Tomasz Tunguz, and this week in enterprise startup funding.
Deep down, most people knew it couldn't last. But the remarkable run enjoyed by enterprise software companies and their investors over more than a decade came to an abrupt end in 2022, and the new order is still sorting itself out.
Today on Runtime: Tomasz Tunguz on the next ten years of enterprise investing, Australia backs away from a seven-year blockchain project, and the quote of the week.
