The future of the modern AI stack is being decided now. There are a few things we know for sure: 1. Enterprises spend more on inference than training. 2. We live in a multi-model world. 3. RAG is the dominant architectural approach. 4. All developers are now AI developers. But, if 2023 was the year of AI experimentation, 2024 will be ll invests and the trends shaping the future of the AI stack read @MenloVentures’ Modern AI Stack Report mnlo.vc/modern_AI_stack If you have comments or questions, please reach out to the investors who authored this report: @mmurph, @timt, @gracewenge, @ktempestkeller, and @derekgxiao

Menlo’s @Bad2theSloane joined @CNBC's Steve Kovach and @KellyCNBC on 'The Exchange' to dive into the latest tech news dominated, of course, by the dramatic events at OpenAI and questions about whether Sam Altman will stay at Microsoft. Watch: mnlo.vc/SteveSloane_CNBC (at 2:28) Steve gave his opinion on where Sam might land and they discussed how recent events impact the AI ecosystem, plus why @AnthropicAI’s message around trust and safety resonates. Note: Anthropic is a Menlo-backed company whose team spun out of OpenAI in 2021. anthropic.com/company Watch! cnbc.com/video/2023/11/21/op…

Today, we released our State of Generative AI in the Enterprise, which draws on real-world budget data and insights from 450+ enterprise executives to unveil the evolving landscape of AI adoption, market trends, and how the future may play out. The biggest surprise? Despite all the hype, enterprises aren’t spending big dollars just yet. And, while the report reveals that today’s market favors incumbent players, it also reveals three areas of opportunity where STARTUPS have the best chance to break out. 🚀🚀🚀 Read the full report mnlo.vc/Ent_AI_Report or check out @VentureBeat’s article via @taryn_plumb mnlo.vc/Ent_AI_venturebeat via Menlo’s @npilosof and @derekgxiao

Excited to announce our investment in @RelationalAI. RelationalAI ushers in the next generation of the modern #datastack, providing a game-changing knowledge graph management system that merges #AI + #businessintelligence. More from @TimT here: bit.ly/3vMF3xy #funding

For startups with enterprise solutions, landing your first customers is critical. @Houman81 will be sharing tips for how to land those crucial first partners in this 5/26 panel that includes leaders from @Acceleprise @oracle, @SVB_Financial More here: bit.ly/startupBD

Great stuff fm @Netlify, *THE* platform for modern websites and applications. They've announced the acquisition of @featurepeek and to mark this acquisition, they’ve launched next-gen Deploy Previews and a bunch of new features they announced to help devs get feedback faster.