This Week in Enterprise Tech, Week 28

This Week in Enterprise Tech

For the audio podcast of This Week in Enterprise Technology, Hyoun Park and Charles Araujo critically assess last week's biggest tech news:

1. Salesforce’s Open-Source Framework for LMM’s
2. Grafana Raises $270M to Enhance Observability
3. Opkey: $47 Million to Test All ERPs
4. Stephen Wolfram and the Philosophy of Gen AI
5. IT Spending Trends: Growth Ahoy!
6. Total Monetization And the Role of Pricing
7. The Societal Impact of Thirsty AI

Sources:
Salesforce’s Open-Source Framework for LMMs

xGen-MM \(BLIP-3\): A Family of Open Large Multimodal Models: https://arxiv.org/abs/2408.08872

VentureBeat: https://venturebeat.com/ai/salesforce-releases-xgen-mm-open-source-multimodal-ai-models-to-advance-visual-language-understanding/

Technology Review: https://www.technologyreview.com/2024/08/22/1097224/we-finally-have-a-definition-for-open-source-ai/?mc_cid=03ff8ef90a&truid

Grafana Raises $270M to Enhance Observability

Grafana Labs: https://grafana.com/about/press/2024/08/21/grafana-labs-soars-past-250m-arr-and-5000-customers-completes-270m-primary-and-secondary-transaction-and-named-a-leader-in-the-gartner-magic-quadrant-for-observability-platforms/

Opkey: $47 Million to Test All ERPs

Opkey: https://www.opkey.com/blog/opkeys-bold-leap-forward-47-million-in-series-b-funding

Stephen Wolfram and the Philosophy of Gen AI

Stephen Wolfram for TechCrunch: https://techcrunch.com/2024/08/25/stephen-wolfram-thinks-we-need-philosophers-working-on-big-questions-around-ai/

IT Spending Trends: Growth Ahoy!

CIO.com: https://www.cio.com/article/3487383/moderate-it-budget-increases-have-cios-shaping-2025-strategies-to-suit.html?huid=205a7546-7f41-491b-8fc6-da2d631e9e4b

Total Monetization and the Role of Pricing

Zuora CEO Tien Tzuo for Diginomica: https://diginomica.com/second-act-subscription-economy-total-monetization-become-goal-says-zuora-ceo-tien-tzuo

The Societal Impact of Thirsty AI

TechCrunch: https://techcrunch.com/2024/08/19/demand-for-ai-is-driving-data-center-water-consumption-sky-high/

Financial Times: https://www.ft.com/content/1d468bd2-6712-4cdd-ac71-21e0ace2d048

This Week In Enterprise Tech is hosted by:
Charles Araujo of The DX Report and
Hyoun Park of Amalgam Insights