GCV Asia Congress 2018
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24 November 2017

Big Deal: AI is eating software but venture models are colliding

If it is shown that a different funding structure to just venture capital is helpful in AI then implications could cascade to other industries.

Author: James Mawson, Editor-in-chief

Software is eating the world, as Marc Andreessen, founder of venture capital firm Andreessen Horowitz, said, “but AI [artificial intelligence] is eating software,” according to chipmaker Nvidia, at its annual conference in May (picture of Nvidia CEO Jensen Huang unveiling its Volta chip at the May event).