Few AI startups release revenue numbers: Will any of them ever make a profit?

Only four Western and two Chinese AI companies report income, and all have big losses. CrowdStrike and c3.ai both did IPOs and had losses equal to 30% and 40% of revenues respectively in 2019, and 13% and 40% respectively in 2020. Nest’s losses were 85% of revenues in 2017[1] and DeepMind’s losses were four and 1.7 times its revenues in 2018[2] and 2019 respectively[3] causing Google to write off $1.3 Billion in debts.

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Why it's a Minimum Viable Process (and not a Minimum Viable Product)

Why do we hear the concept of the MVP so often? What is it, and is it beneficial? You might think you know the answers to all of these questions. But do you really? Here we talk about all this and even more. I’m happy to welcome product creators and curious developers into this learning journey. So, let’s start with defining the MVP (minimum viable product), one of the most overused and misunderstood concepts in the modern web. In this article, you can learn how an MVP can kickstart your startup.

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4 effective ways to write Executive Summaries for your concepts

This article describes the ‘idea model’ and provides various examples of real ideas — explains how to write effective executive summaries for your concepts.
Ideas are powerful constructs. Provided that they are articulated and communicated effectively, they can become the starting point of impactful initiatives and new innovations.

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Infiot emerges from stealth with $15 million to manage edge devices using AI

Infiot emerged from stealth today with $15 million to develop its access platform for internet of things devices. The company says it will put the funds toward product R&D and accelerating its go-to-market efforts.

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6 things about Cybersecurity and Artificial Intelligence you must know to protect your IT Business

With the year almost coming to a close, there is a need for reflection and tweaks in various business departments in a bid to navigate the new year — 2021 — more effectively. When it comes to cybersecurity, in particular, getting acquainted with the emerging issues in the sector and acting in accordance with them can help companies stay abreast of any challenges that might arise.

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How to combine design & business thinking in Product Development

Design Thinking & Business Thinking in Product Development

Long-life living for only getting profit has not much sense. Similarly, products created for “making money” become part of the mass-consumerist machine. Nothing special. They are quickly forgotten. They are, and they are not. They live for a while and bring very temporary value. 

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