Re: Klarna ripping out Salesforce + Workday…even if it’s true, is it actually the best use of capital to rebuild in-house? Feels like a massive distraction Especially when your business has no path to selling the in-house solution. I’m deeply skeptical the math works…

Instead of replacing Salesforce and Workday, Klarna should replace its CEO for misallocating resources.

Microsoft is likely one of the top three IT vendors for Klarna. Klarna should immediately begin developing its in-house office suite and Windows knock-offs. Then, the hardware projects can start.

SentinelOne $S has announced the appointment of Barbara Larson as CFO, effective immediately.

The Klarna news is an IQ test

Very interesting comments. It essentially says the ROI is currently negative, but they will continue investing because they hope that the ROI equation will shift as the models become more capable with scaling laws. I don't think they have any idea when that will happen, or if it

Been watching SaaS conferences this week, and it feels like their "agent" is just workflow automation that, at some point, sends inputs to an AI model and gets outputs back. It integrates AI, but the rest is typical pre-set automation. Am I missing something?

With the rise of GenAI, I’m comfortable making these software bets with a 5+ year horizon: 1) Software "build" will reaccelerate from current trough rates. 2) For SMB and mid-market: AI adoption will happen through SaaS ("buy"), not in-house "build". 3) For Enterprise: where

In 2021/22, Quest was the highlight of Connect, with new models being released at the very end. Now, Quest has become a sideshow and is addressed quickly up front, so that Zuck can focus on real significant topics like AI, AI glasses, and AR. It's interesting to see how things

It’s such an important point that shouldn’t go unnoticed. In a world where OpenAI is far ahead, like it was last summer when GPT-4 was clearly superior to LLaMA 2 and all other models, this exclusivity benefits both Microsoft and OpenAI, because everyone naturally defaults to

Satya believed that OpenAI could maintain its lead for a very long time and accidentally triggered the AI arms race among big tech. Fast forward to now, it’s clear that OpenAI is not going to be the sole leader (if at all), and Microsoft can’t leverage OpenAI as a cornered

It's about time we finally assign a non-negative terminal value to Reality Labs at $META.

Good piece by Tanay Jaipuria on OpenAI and Anthropic's revenue breakdown: tanayj.com/p/openai-and-a…

If OpenAI becomes predominantly a consumer company, in other words, mostly focused on ChatGPT, does it still make sense for them to build their own models at that point? Perhaps they could spin off ChatGPT, integrate other models into the app, and become a capital-light app

This is a masterclass in the power & politics, and an example of how to overplay your hand to win okay in the short term and lose big in the long term. The guy is right, and he has the leverage here, and he will probably win something close to what he is asking for. But the catch

Does this look like a company that can raise prices by mid-single digits in the near term? Maybe, but I doubt it. It seems more like retailers are clearing out inventory at any price. I still see most retailers offering 20%+ discounts on Celsius products online. $CELH

OpenAI is nothing without its people 🤡

Klarna’s claims of developing their own CRM and ERP systems in-house to replace SaaS vendors, while even Mistral AI buys SAP for ERP, suggest that Klarna’s approach might either be a lie or the dumbest idea of 2024.

I’m not an expert on this, but I thought the issue was always the cost of manufacturing rather than yield. Especially in this case, since they relocated existing equipment from Taiwanese fabs here, yield was more or less proven. Labor costs and other expenses were the main