After a long hibernation, the tech market is waking up. IBM and Thoma Bravo make key acquisitions, and Rubrik goes public. Snowflake debuts its new LLM, the DHS reveals the members of its new AI Safety and Security board, and companies continue to overcommit to AI hype. Amalgam Insights’ Hyoun Park and The DX Report’s Charles Araujo sift through This Week in Enterprise Tech.IBM acquired HashiCorp last week for $6.5B. Given IBM’s history of buying companies providing products and services similar to what they already have on hand, whether developed in house or picked up in a previous acquisition, what’s the strategy here? Hyoun and Charles discuss how HashiCorp fits into the IBM portfolio, and what downstream effects will be felt in the multicloud space.https://newsroom.ibm.com/2024-04-24-IBM-to-Acquire-HashiCorp-Inc-Creating-a-Comprehensive-End-to-End-Hybrid-Cloud-PlatformIn other acquisitions news, Thoma Bravo acquired Darktrace last week for $5 billion, taking it private. The market appetite has been renewed after a quiet time, but the trends are confusing. Charles and Hyoun dig into the specifics, and how it will affect CIOs evaluating mid-size vendors.https://www.thomabravo.com/press-releases/thoma-bravo-announces-a-cash-offer-to-acquire-cybersecurity-leader-darktraceMicrosoft’s AI advancements are starting to have a noticeable effect on cloud spending, driving more Azure adoption in an environment where AWS has been dominant forever. How can CIOs balance the needs of their AI adopters and AI holdouts? Will the AI golden ticket allow Microsoft to finally catch up to Amazon in cloud adoption?https://www.reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/Snowflake recently revealed its new LLM, Arctic. Hyoun and Charles analyze its pragmatic “mixture of experts” approach, and how that will help make AI adoption more manageable and affordable. https://www.snowflake.com/blog/arctic-open-efficient-foundation-language-models-snowflake/Sifting through AI hype: Cleanlab uses AI to detect AI “hallucinations” - at great expense, where a human expert is still more reliable. Moderna plans to automate all business processes using LLMs. Are there practical lessons to be taken away from these examples? Charles and Hyoun dig in.https://www.technologyreview.com/2024/04/25/1091835/chatbot-hallucination-new-tool-trustworthy-language-model/https://www.wsj.com/articles/at-moderna-openais-gpts-are-changing-almost-everything-6ff4c4a5?mod=djemCIOThe Department of Homeland Services announced the formation of its AI Safety and Security Board. Who’s advising the government on AI governance? How will they address AI governance challenges?https://www.dhs.gov/news/2024/04/26/over-20-technology-and-critical-infrastructure-executives-civil-rights-leadersThis Week In Enterprise Tech is hosted by: Charles Araujo of The DX Report and Hyoun Park of Amalgam Insights

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