Cloud Stocks: IBM’s Smaller Granite AI Models Eye Vertical AI

IBM (NYSE: IBM) recently announced results for its third quarter that missed estimates. However, its Software revenue had good momentum driven by its AI business and a sound strategy. Its stock hit an all-time high this week despite the revenue miss.

Featured Videos

1Mby1M Virtual Accelerator AI Investor Forum: With Investor Gus Tai (Part 4)

Sramana Mitra: As an aside, I think the human-centric aspect of AI can actually turn out to be a very beneficial factor in healthcare, just because it’s a natural propensity for human beings who are in need of care to want another human being to be taking care of them; not a robot, not a digital persona. So, I think this may be at the end of the day in an industry that can be augmented by AI – the training and the ability to care will be powered by AI. However, there is also the human aspect – the compassion and the care aspect that can, if we can make it survive from an economics point of view, make the industry become a far more efficient and better quality care industry.

660th 1Mby1M Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 660th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, October 24, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!

Video FAQs

660th 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 660th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, October 24, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!         

1Mby1M Virtual Accelerator AI Investor Forum: With Investor Gus Tai (Part 3)

Sramana Mitra: Now, I’m going to take this logic a little bit in uncharted territory. I think the most important impact of AI is in healthcare. We’re going to have a planet of 10 billion people to service from a healthcare perspective. So let’s just do back of the envelope Math. Let’s just assume that we need a 100 million trained doctors to be able to cater to that large population. We’ll probably need some 10 million hospitals and clinics to be able to manage that whole function.

So, is it possible that we can do that with AI?

Best of Bootstrapping: Bootstrapped from London to $20 Million

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Guy Mucklow, Co-founder of PCA Predict, had bootstrapped his company to $20 million when we spoke in 2016, and at one point turned down a $100 million acquisition offer. Read how he navigated his venture.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Guy Mucklow: I set my company up over 20 years ago when I was in my late 30s.

>>>

1Mby1M Virtual Accelerator AI Investor Forum: With Investor Gus Tai (Part 2)

Sramana Mitra: So, coming back to entrepreneurship and investment in tech ventures, for the last 30 years that the venture capital industry has been active, as an industry, we have said services companies such as ad agencies, marketing agencies, IT services, legal services, architectural services, and wealth management services are not venture fundable companies. These are not scalable opportunities.

But human-centric AI and AI’s ability to really enhance a human being in doing some of the activities involving these services companies actually raises the question, should we start investing in these companies now?

1Mby1M Virtual Accelerator AI Investor Forum: With Investor Gus Tai (Part 1)

At a recent roundtable, we had Gus Tai, Investor, Board Member and Retired General Partner at Trinity Ventures discuss the implications of human-centric AI, white spaces, comparables, and more.