Will startups stand a chance in the enterprise AI race?

It is impossible to escape AI chatters as the biggest tech companies race to build or collaborate with new big language models and integrate them into their software and search services. The underlying technology is advancing fast enough that we’ve seen calls to halt work and Congress questioning technology leaders on the subject.

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But while ChatGPT and other similar tools are popular, there is a less talked about side to the current artificial intelligence race: the enterprise.

Recent news from Appian, a public software company, and Neeva, a startup born to build a search engine that could compete with offerings from majors, make it clear that the number of entrants racing to provide AI tooling and services for large companies is building is expected to be healthy. Given how lucrative selling software to large companies can be, the players are not chasing a small market.

BlogRanking+ has discussed business AI in the current context several times over the past few weeks, providing much-needed intellectual grounding. After all, it’s important to understand what Databricks and Cisco are building. But I have another question: do smaller tech companies also have a chance of gaining market share?

Let’s recall this morning how generative AI can fit into the enterprise, then dive into the latest news that matters to better understand where technology companies are building.

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