IVCA Feature: Issues for VC & PE Related to Artificial Intelligence

October 18, 2023

Artificial Intelligence (or AI) …. there is not a day that doesn’t go by in our modern life where either the topic comes up or the direct effect of the science occurs. Venture Capital and Private Equity have been the drivers for research and development of the science, but what are the issues and direction for the technology? The IVCA surveyed the online media for VC/PE topics related to the AI future.

Investopedia.com, ’Majority of Venture Capitalists Invested in Artificial Intelligence, Survey Shows

As more businesses adopt Artificial Intelligence (AI) tools, Venture Capital is putting more money into the industry. Nearly three-quarters of global VCs invested in AI over the past year, with investors identifying AI as the technology with the most disruption potential, according to a recent survey by PitchBook and Collision.

READ MORE: https://www.investopedia.com/majority-of-venture-capitalists-have-invested-in-ai-survey-says-7554485

Axios.com, Venture Capital’s Big Questions in the AI Era

Most Venture Capitalists seem to believe that Artificial Intelligence is the most transformative tech innovation — and investment opportunity — since mobile. Or, in some cases, since the wheel.

READ MORE: https://www.axios.com/2023/04/25/venture-capitals-big-questions-in-the-ai-era

CNN.com, ’AI investment is Booming. How Much is Hype?

[There is] feverish excitement surrounding the potential of “generative” artificial intelligence — which can create original text, images and other content in response to prompts from users — to generate whopping returns for investors.

READ MORE: https://www.cnn.com/2023/07/23/business/ai-vc-investment-dot-com-bubble/index.html

TheIA.org, Podcasts: ’IA Talks AI

THE INVESTMENT ASSOCIATION: ’IA talks AI’ podcast covers the implementation of artificial intelligence within the sector, from the perspective of both general business efficiencies and with investment-specific use cases in mind. Beginning in May 2023, the series contains short, informal interviews with industry leaders, policymakers, regulators and innovators, covering policy, regulatory and practical considerations.

LISTEN HERE (Various topics): https://www.theia.org/news/ia-talks-ai

S&P Global.com, ’Private Equity Firms Take Tentative Steps Adopting AI for Their Own Use

Private equity funds are racing to understand the impact that recent advances in artificial intelligence could have on portfolio companies but have made only tentative progress in using AI software tools to improve their own operations, like the sourcing of new investments.

READ MORE: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/private-equity-firms-take-tentative-steps-adopting-ai-for-their-own-use-77215381#

FNLondon.com, ’Private Equity Bosses Prepare for an AI Revolution

When one of the world’s most senior Private Equity figures stood on a stage in Berlin earlier this summer to talk artificial intelligence, he had one message for the buyout industry: “This is real.”

READ MORE: https://www.fnlondon.com/articles/private-equity-bosses-prepare-for-an-ai-revolution-20230811

Forbes.com, ’AI Will Enhance Human Judgement & Increase Jobs in Private Equity

Some people try to scare us about the impact of artificial intelligence, recounting various versions of the Terminator story. If the machines aren’t cybernetic androids gunning us down, they’re at least making our jobs redundant. This, it would seem, applies to all businesses and all professions, including Private Equity.

READ MORE: https://www.forbes.com/sites/antoinedrean/2023/07/25/ai-will-enhance-human-judgement–increase-jobs-in-private-equity/?sh=b73744468c7f

Emerj.com, ’AI in Financial Services Podcast

Stay ahead of the curve as artificial intelligence disrupts the financial services sector. Discover the lessons learned from organizations like HSBC, Citigroup, and Visa. Learn business strategies from venture capitalists investing in AI for the financial services industry. See the future with AI banking innovators from Silicon Valley and around the world.

LISTEN HERE (Various topics): https://emerj.com/ai-in-financial-services-podcast/

SAVE THE DATE! The IVCA Annual Awards Dinner, presented by Kirkland & Ellis LLP, is set for December 4th, 2023, at the Four Seasons Hotel in Chicago. For info and updates, click here.

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