Jon Victor

Seemingly every week, a large company in an old, regulated industry is taking the cover off an artificial intelligence application that would have seemed unthinkable just a few years ago.The latest example is Fiserv, a 41-year-old provider of software for thousands of financial firms to process ...

Last week, Spenser Skates, CEO of analytics firm Amplitude, met with executives from eBay, a major customer. EBay has periodically run into issues with Amplitude’s product, which helps companies understand the performance of their ads and how consumers use their websites, and has sent hundreds ...

Microsoft on Monday unveiled artificial intelligence for doctors and nurses to automate time-consuming clerical work, such as preparing patient summaries or writing referrals based on recordings of doctor-patient conversations. The product, Dragon Copilot, will be available in the U.S. and Canada in May, Microsoft said. The company is taking aim at a lucrative market that large competitors

Enterprise software companies that raised money at lofty valuations during the pandemic startup boom are facing many obstacles as they look to jump-start growth. One is the threat from generative artificial intelligence.In our Enterprise Software Startup Takeover List, we’ve identified 92 ...

Many startups that sell cloud-based software to companies are struggling with the aftermath of the pandemic’s low-interest-rate period, which encouraged businesses to spend more on tools to help employees work remotely and investors to pour tens of billions of dollars into these startups. Now ...

Top enterprise software SaaS providers that haven’t received recent additional funding, and are facing pressure to provide a return to investors – making them ideal takeover and buyout targets.

Salesforce on Wednesday said revenue rose 8% to $10 billion in the January quarter, mirroring the growth it posted in the prior two fiscal quarters. The result highlights the challenges facing the enterprise software vendor as it reorients its business around selling artificial intelligence. Salesforce projected revenue growth of 7% to 8% growth in the current fiscal year, which ends January

Multinational companies in regulated industries like pharmaceuticals and insurance have been somewhat reluctant to adopt generative artificial intelligence to handle legally sensitive documents due to the risk of AI-generated mistakes.That seems to be changing. Take Novo Nordisk, the Danish ...

Cohere, one of the earliest venture-backed developers of artificial intelligence models, has faced plenty of headwinds in the last two years. The company has been under threat from better-funded competitors like OpenAI and Anthropic and faces competition from cheap, open-source alternatives like ...

HP said Tuesday that it would pay $116 million for Humane, capping a difficult run for the startup, whose AI-powered pin failed to gain traction since it was released last year. HP said the acquisition, expected to close at the end of this month, will help the company integrate AI into its devices including printers, personal computers and conferencing equipment. HP won’t sell any new pins,