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Today's big story, Microsoft “Reinvention” by AI It means rethinking that structure. That's not all.
What you find on the deck:
market: Hedge funds September Report Card It's inside.
Technology: Two BI reporters Discuss whether the future of social media is possible A Friend's Stupid AI Video.
work: The best way to get an open job is Get it before you become an open job.
But first, we are ready for (AI) war.
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Big story
Big technology's big movement
Microsoft CEO Satya Nadella spoke at a conference in San Francisco. Carlos Barrier/Reuters
“We are in the middle of a structural AI platform shift.”
Microsoft CEO Satya Nadella recently made no mention of what the industry is like when he addressed employees about the state of the industry. And the tech giant wants to move with that.
A proper case: Longtime Microsoft sales manager Judson Althoff has been appointed CEO of the company's commercial business.
It shows that they are rushing to make their ducks consecutively, especially within the sales sector, ahead of the important (and expensive) battle over AI adoption.
(If you want to deepen this type of thing, I recommend subscribing Alistair Barr's Amazing Technical Notes Newsletterevery Friday. No one does a better cover job AI business side. )
So, what does Althoff promotion mean? He added marketing and operations to his mission, “we can focus on our engineering leader and me on our best ambitions of technical work,” Nadella wrote.
In short, while the salespeople have an understanding of the business side of things, the rest of us cook cool AI stuff.
Altov, already His sales team has been revamped to make him more AI-centric.cut his work out for him. Ashley Stewart of Bi, Our Resident Microsoft Expertsheard audio from an internal meeting where employees complained Confusion over multiple apps using Copilot Branding.
Nadella's solution? Think big. Like, Really big.
“One way to avoid making that too confusing is to have a billion users for each,” he said.
AWS CEO Matt Garman Amazon
Microsoft is not just changing it into the age of AI.
Eugene Kim Reports extensively AI About Amazon's efforts to make AI sniff out AI products. Q Developer, Amazon's AI Coding Assistant has been posted Disappointing revenue compared to rivals in the first year.
Q's annual recurring revenue was projected earlier this year at $16.3 million, according to internal documents obtained by Eugene. This is far behind rivals Cursor ($500 million) and Windsurf ($82 million).
This led Amazon to Rethink that pitch for customersRather than expecting trickle-down benefits by gaining support from high-level executives, choose a grassroots campaign rather than directly appealing to developers.
Pivoting companies with a 4-panel market capitalization are not easy, but there are not many options. Wall Street is beginning to get uneasy. You can promote big growth forecasts during revenue for a long time Before you need to post the actual number.
“This is not just an evolution, it's a reinvention for each of us and for Microsoft,” Nadella said.
Three things about the market
Goldman Sachs
1. Stepping into Goldman Sachs' Dallas office. The bank has invested heavily in the Texas presence, with the Dallas office, home to around 5,000 workers, being the largest outside of New York. See building renderingIt boasts a rooftop garden, dining terrace and fitness centre.
2. Here is the September hedge fund report. Funds such as Balyasny and Exoduspoint I made money last month. However, most people were unable to keep up with the S&P 500, which rose 3.5%.
3. Speaking of hedge funds, tea is spilled at industry conferences. September was packed with a series of hedge fund events held by some of Wall Street's biggest players. From market issues to the new fund for Bridgewater, participants told BI What is all chatter?.
Three things about technology
Gobinath/YouTube;Getty Images;Alyssa Powell/bi
1. The most powerful Tesla executive you've never heard of. Ashok Elluswamy started in 2014 as a founding member of Tesla's autopilot team. The company's most decisive initiative. Bye spoke with more than dozens of Elswamy colleagues, friends and former classmates to understand his rise.
2. Is Openai a new Amazon? Openai announced a new software tool this week as new internal software, causing a massive stock sale in the space. Reminiscent of “Get Amazon'd” – When the food and pharmaceutical industries see the market value wiped out as retail giants move into space.
3. The future is Sora. Openai's AI video generator Sora 2 has potential copyright and privacy issues. You can also generate videos starring you and your friends. The most fun Katie Notopoulos had On the internet for a long time. In fact, it may be The future of social media.
Three things about business
Getty Images; Tyler Le/bi
1. Online military forces are fighting a culture war with the US military. Trump vowed to “wake up” from the military, but the White House said the mission had boosted morale and recruitment. The recently retired army with 24 active duty will be BI, which stirs up the paranoia, Challenging the military's nonpartisan spirit.
2. How will government closures affect you? If you're there social securityPayments don't stop, but you may notice delays in other services. The post office is open but National Parks It's touch and go. And here are a few of the October work reports, as they probably won't land on time Alternative sources of data.
3. The secrets to getting a job may apply in advance. Connecting with your employer in front They post open roles Veteran recruiter Laura Labovich can help him get jobs there. In fact, if you wait for a job post to reach out until it's live, she said, you might be too late.
In other news
What's going on today?
- Tesla reports third quarter production and delivery numbers.
- It's Yomkipur.
Dan DeFrancisco, Associate Editor and Anchor of New York. Meghan Morris, director of Singapore. Akin Oyedele, Associate Editor in New York. Grace Lett, editor of New York. Amanda Yen, Associate Editor in New York;
