Most venture capital firms have limited capacity, typically investing only around a billion dollars annually across multiple companies. This financial constraint leads to big tech firms like Microsoft, Amazon, and Apple stepping in to make larger investments, effectively supporting the ecosystem where venture capital falls short.
Artificial Intelligence has gained ground so fast that OpenAI, the firm powering ChatGPT, is changing Silicon Valley’s investment model and how it innovates. Why the global nuclear order may be in peril (10:24). And an alternative type of electoral forecasting is gaining ground: political astrology (19:02).
Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+
For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
Hosted on Acast. See acast.com/privacy for more information.