Urgent.News

What's breaking now, across thousands of outlets.

AI

‘SaaSpocalypse’ Risk From AI Reaches Beyond Private Equity

Bloomberg's Paula Seligson said that specific subsets of the software industry are especially at risk from the 'SaaSpocalypse' — the selloff of companies based around 'software-as-a-service — as artificial intelligence replaces software functionality for things like data visualization. Seligson said that right now investors are trying to figure out the reality of the risk around the…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in AI

It's always Doom https://ood.dev/posts/doom/

Doom, compiled into a transformer — Out of Distribution No training anywhere: a compiler sets the weights of a stock Phi-3-architecture checkpoint so autoregressive generation executes Doom's classic…

More from Thursday 13 August →