Microsoft CEO Satya Nadella says that all their products will soon interface with OpenAI products such as ChatGPT.
What does this mean for partnerships? More than meets the eye.
A vibrant new ecosystem will emerge on the back of this industry-shaking innovation.
As AI gets better, many (most, all?!) mundane tasks will soon be automated. But you can't automate trust, connection, and excitement.
No one understands this more than the Partner Led behemoth, Microsoft. They are making a bet rumored to total a $10,000,000,000 (that's $10B, folks) investment in OpenAI to fund that ecosystem's future.
Not to mention, Microsoft is rumored to make this investment after laying off 10,000 employees. In other words, this $10B opportunity for a new integrated AI ecosystem is worth more than it is in their 10k people. Wow.
In 2023 companies that build trust, authentic connection, and excitement will stand out from generic AI-generated content and build new ways businesses work together and how products interoperate.
Take it from Microsoft CEO Satya Nadella directly as he speaks about the emerging AI integration story that seemingly will shake the industry:
Partnerships are on the rise in healthcare
Partnerships took the spotlight at J.P. Morgan Healthcare Conference this year. In recent years, the buzz at the conference has been centered around new digital health startups.
But this year, the conference took a turn toward partnerships. VCs were looking for strategies to increase ROI while hedging the impact of inflation.
And partnerships were at the center of those discussions.
I'm really excited about creative collaboration, syndication with other investors and partnerships that provide interesting sources of nondilutive revenue and runway. – Vineeta Agarwala
Check out the full article here.