Thought Waves June 2024: Where are the AI winners? ??

WATCH THE REPLAY

In our new reality—the era of AI, we’re seeing technological innovation happening at an astounding pace. With that, we’re seeing an influx of AI-first companies that are solving the problems of a targeted industry (what’s called Vertical AI).

Grant McCarthy and Wendell Keuneman hosted a Vertical AI session where they explored what to expect when AI is integrated into every industry and how they’re thinking about investment in this evolving space.

KEY TAKEAWAYS

?? AI is augmenting the way specific industries run: Vertical AI incorporates proprietary datasets and specialised expertise to address the unique challenges and opportunities of a particular industry resulting in functions and jobs being augmented or replaced.

???The cloud walked so AI could run: The growth of Vertical AI is fuelled by significant investments in cloud infrastructure by big tech companies and an increasing appetite for AI solutions among businesses of all sizes.

???Now’s the time for Vertical AI to flourish: The growth and adoption of Vertical AI is being driven by advances in technology, the availability of domain-specific data, favourable investment opportunities, and supportive infrastructure.

Catch the replay.

HOT OFF THE PRESS

BETTER, TOGETHER

Shippit has unveiled its Insights platform, which analyses over 250 metrics to help retailers reduce costs and enhance the customer delivery experience.

PODIUM FINISH

Secure Code Warrior has been shortlisted for "Best In Show" in the 2024 Software Development Times 100 Award, recognising their outstanding efforts in enabling developers to write secure code.

GAME-WINNING PLAYS

Legal platform, Checkbox introduces its new AI chatbot, designed to automatically process repetitive questions and requests using your organisation’s policies and playbooks.

TEAM’S READS ??

DOUBLE OR NOTHING

Sami has been reflecting on this article that explores how the public markets perceive high-growth tech assets. She strongly agrees with Jamin Ball 's view that achieving platform scale and leveraging free cash flow (FCF) will result in a premium multiple.

ATTENTION IS CURRENCY

Fee has been closely monitoring developments in the AdTech space. She found The Attention Economy and How Media Works particularly insightful. The book argues that attention will become the new metric across the entire media ecosystem.

AI WORKFORCE EMERGING

Our newest team member Daniel, is fascinated by this article which examines different approaches to how AI can enhance jobs, whether by integrating into existing roles or by creating new services firms.

PORTFOLIO POSITIONS

GROWTH SEASON

Asseti is searching for a Business Development Representative based in Dallas to kickstart their launch into the USA. They’ll be pivotal in generating new business opportunities through targeted outbound prospecting.

Sonder is hiring a Partnerships Manager to establish and grow the business development pipeline by engaging with prospects and key customers and developing long-term strategic partnerships.

Secure Code Warrior is looking for a Senior Software Engineer to contribute to implementing new features and enhancements to its award-winning secure code learning platform.

Shippit is looking for a Quality and Delivery Manager to oversee the capacity, resourcing, and performance of their engineering team and ensure the efficiency and effectiveness of delivery processes.