A €470M buyout loan now lets the borrower blame AI for a missed interest payment (per Bloomberg).
Lenders on a €4.7B Volkswagen deal had the same wording taken out...
Problem is, a pandemic ends at some point.
Huge congrats to my muse @TanyellaAllison and the MAKA team!
Yesterday @TechCrunch named them the best Consumer pitch at Startup Battlefield. The same week they pitched, Maka launched in the App Store and got featured in @WIRED !
Kids TV with no ads, no autoplay, every show
An investor asked me a few weeks ago what Future Works is actually for.
I said climate. Then I didn't say the word again for the rest of the call...
Cut waste inside operations and the cost and the emissions come out together. All it needs is a COO who wants the cost out!
Good
"Volume is not value." Gartner's Alicia Mullery, Orlando, yesterday.
2027 plans: gen AI spend up 31%, agentic up 28%. Yet only 13% of 2,002 CIOs say AI has given them real value.
65% of US CEOs will put 10%+ of next year’s capex into AI. 68% expect to wait 1 to 3 years for the return.
Same day, KPMG’s US CEO: “Looking three months out is kind of the benchmark now.”
So basically 4 to 12 of those windows before anyone knows if it worked...
