AI is rapidly changing multiple sectors, from venture capital to government regulation and even military operations. In venture capital, AI companies have secured over $100 billion in funding in 2024, marking an 80% increase from the previous year. Venture firms are leveraging AI for deal sourcing, data analysis, and investment management. iAngels partner Shelly Hod Moyal believes AI's impact will surpass that of mobile technology, driving personalization and automation across industries. Reddit is capitalizing on its conversational data by developing AI tools for advertising, leading to a 62% revenue increase, reaching $1.3 billion in 2024, and securing data licensing deals with Google and OpenAI. Nvidia envisions AI processing units forming a global network, emphasizing the importance of high-performance networks like its Spectrum-X for managing large data flows, according to Jensen Huang. Grid Dynamics has introduced the GAIN Development Framework to enhance AI and human collaboration, reporting a 30% improvement in project delivery for Fortune 1000 companies through automated coding and testing. The US Navy is employing AI to expedite the planning of unmanned drone missions across various domains. Meanwhile, PR firms are expected to effectively integrate AI to improve services such as research and strategy. On the regulatory front, the Senate is considering restrictions on state-level AI regulation, while China's CNIPA plans to crack down on abnormal patent applications and explore AI's role in patent examination, focusing on improving prior art searches.
Key Takeaways
- AI companies received over $100 billion in funding in 2024, an 80% increase from 2023.
- iAngels believes AI will transform industries more profoundly than mobile technology.
- Reddit's revenue increased by 62% to $1.3 billion in 2024, driven by its AI strategy and data licensing deals with Google and OpenAI.
- Nvidia's Jensen Huang sees AI networks as the future of computing, requiring high-performance networking solutions like Spectrum-X.
- Grid Dynamics' GAIN framework improves project delivery by over 30% through AI-powered automation.
- The US Navy uses AI to plan unmanned drone missions across air, surface, and underwater domains.
- PR clients expect firms to effectively use AI for research, brainstorming, and strategy.
- The Senate is considering limiting state AI regulation.
- China's CNIPA will explore using AI in patent examination to improve prior art searches.
- AI is helping small companies with tasks like scheduling and building websites.
AI is changing venture capital funding and startup selection
CTech's VC AI Survey shows how AI is changing venture capital. AI impacts how firms invest, evaluate, and support companies. The survey includes interviews with venture capital investors about AI's effect on their work. In 2024, AI companies received over $100 billion in funding, up 80% from 2023. AI helps with deal sourcing, analyzing data, and managing investments.
AI will transform industries more than mobile says iAngels partner
Shelly Hod Moyal from iAngels says AI will greatly impact industries. She believes AI will change how people use products through personalization and automation. Hod Moyal shared insights on how AI has changed investing. iAngels had successful exits from AI-driven companies like BioCatch and Oddity. She says AI is a key part of a company's tech and helps create unique value.
Reddit's AI strategy makes it a strong player in social media
Reddit is using its conversational data to build AI tools for advertising. Reddit Insights and Contextual AI Targeting help brands connect with consumers. Reddit has deals with Google and OpenAI to license its data. Reddit's revenue increased by 62% in 2024, reaching $1.3 billion. Reddit's AI strategy and unique data make it a strong tech investment.
Nvidia says AI networks are the future of computing
Nvidia believes AI processing units will form a worldwide network. Nvidia sees applications running in data centers and autonomous machines. Jensen Huang says understanding software helps design better hardware. Nvidia's Spectrum-X is an Ethernet networking platform for AI. Kevin Deierling says AI needs high-performance networks because of large, synchronized data flows.
AI will change consulting firms but not immediately says investor
Navin Chaddha believes AI will transform industries like consulting and law. He thinks AI teammates can create software-like profits in these sectors. AI can handle repetitive tasks, allowing humans to focus on other work. He suggests startups target neglected markets instead of competing with big companies. AI can help small companies with tasks like scheduling and building websites.
Senate considers restrictions on state AI regulation
The Senate is considering a Republican effort to limit states from regulating artificial intelligence. The decision is expected during the vote-a-rama on the reconciliation package. The fate of the AI provision remains uncertain as the vote approaches.
Grid Dynamics launches GAIN framework for AI and human collaboration
Grid Dynamics launched the GAIN Development Framework to improve business transformation. This AI-powered model helps Fortune 1000 companies with agility and speed. The GAIN framework combines processes, people, and an AI platform. It automates coding and testing, improving project delivery by over 30%.
US Navy uses AI to plan drone missions
The US Navy is using an AI tool to plan unmanned missions. The Optimized Cross Domain Swarm Sensing (OCDSS) software helps prepare missions faster. It uses simulations to find the best combination of drones and sensors. This tool works for air, surface, and underwater missions.
Clients expect PR firms to use AI effectively
Clients expect PR professionals to use AI in their work. PR firms should embrace AI to improve their services. AI can help with research, brainstorming, and testing ideas. Using AI saves time and allows PR pros to focus on strategy and relationships. The key is to use AI to improve work, not cut corners.
China to crack down on abnormal patents and explore AI in examination
CNIPA held a press conference discussing patent issues. They will rectify 35 firms with many abnormal patent applications. CNIPA will also explore using AI to help with patent examination. AI can improve the accuracy of searching for prior art. However, AI-generated results cannot be directly used as examination opinions.
Sources
- How AI is reshaping the venture capital landscape
- “AI will impact nearly every industry, perhaps as much or even more than mobile”
- Reddit's AI Play: A Defensive Tech Gem in the Social Media Sector
- The AI Network Is The Computer, Says Nvidia
- Why AI will eat McKinsey's lunch -- but not today
- The latest intelligence on fate of AI moratorium
- Grid Dynamics Launches GAIN Development Framework to Accelerate Business Transformation with AI-Human Collaboration
- US Navy Turns to AI to Plan Drone Swarm Missions
- Stop whispering about AI: Your clients already think you're using it, and they hope you're good at it
- CNIPA June 2025 Press Conference: Central Rectification of 35 Firms with Large Number of ‘Abnormal’ Patent Applications; Explore Use of AI in Patent Examination