Change agents.

Roll Roche!

Chipping away.

 

View in browser

November 27, 2024

Crystal ball

Hi there, 

 

Last week, we talked about how AI agents are getting money to spend. 


Coinbase CEO Brian Armstrong then tweeted this request for a “LinkedIn for AI agents.” (In October the company launched the capability to build crypto wallets for AI agents.)

brian armstrong X post

Source: X

Armstrong is pointing to the need to establish agent identities and the potential of agent marketplaces. 

 

AI agents are a mega-trend in tech that we've been tracking from a few different angles. To catch you up: AI agents are another evolution beyond copilots, tackling complex tasks/workflows independently. 

 

Here are 3 predictions from us (and links out to research so you can dig deeper into each) for the future of agents:

  1. Building agent trust/identity is a key market opportunity, from the authentication/security layer to evaluation and other reliability techniques. This will enable agents to tackle more complex workflows and higher-stakes tasks, like making payments.
  2. More complex levels of agent interaction will transform the software landscape — think specialized agents that work together. This is driving activity at the infrastructure layer of the AI agent stack around orchestration, multi-agent frameworks, and more.
  3. AI agent marketplaces will emerge featuring dynamic agent “subcontracting” based on specialization, latency requirements, budget, specific integration capabilities, and more. (In the follow-up to Armstrong’s tweet, HubSpot CTO Dharmesh Shah said he was building this.) 

Agents are all that

 

Earlier this week, Boosted.ai — which develops an AI agent for automating investment management workflows — raised a Series C round. 

 

Participating investors included funds managed by Fidelity Investments Canada ULC and Royal Bank of Canada.

 

This startup’s been on our radar too — just last month, we announced Boosted.ai as a winner of the Fintech 100 (our list of the most promising fintech startups in the world).

fintech 100 blurred

Check out Boosted.ai and 99 other promising fintech startups to watch in the full report.

 

Run Roche, run

 

Roche is gearing up to move into the obesity drug market.

 

It faces intense competition from players like Eli Lilly and Novo Nordisk.

 

However, the company is betting that high-throughput screening/synthesis capabilities and its clinical expertise will be differentiators.

Roche earnings calls

At the same time, Roche is maintaining long-term oncology leadership through external collaboration, forging more than a dozen oncology-focused business relationships since 2023.


Learn more about how Roche is targeting obesity while keeping oncology in view in our Roche strategy map.

 

image2-4

All in on chips

 

Nvidia hit a new high last week, reporting a record $35.1B in quarterly revenue.

 

$30.8B of that came from its data center business (up 112% YoY) amid demand for its AI chips — a market Nvidia dominates. 

 

But competition is heating up. 

 

Google and AMD are rolling out their own chips, while Chinese players like Alibaba and Huawei are making domestic gains despite global sanctions. 

 

Startups like Ceremorphic are also making moves, focusing on energy-efficient designs to carve out a niche in the space.

 

We dive into the AI data center value chain and the tech reshaping it in this report. 

image1-Nov-27-2024-08-15-38-8125-PM

Industry Standard

 

TechSpot. Daniel Sims (@RedSwirl) reports on Microsoft's Copilot expansion and mentions the big tech company’s partnership with CB Insights.

 

Fortune. Karthee Madasamy (@KartheeMadasamy) discusses the future of EV subsidies using CB Insights data.

 

WSJ Pro. Marc Vartabedian (@marcvarta) covers AI’s venture dominance and quotes CB Insights senior lead analyst Benjamin Lawrence.

 

I love you.

 

Anand

@asanwal 

Co-Founder & Exec Chair

 

P.S. From AI agent marketplaces to cellular & epigenetic reprogramming, we’ve identified 9 technologies that will redefine the world over the next 5-10 years. Download our roundtable discussion to learn more about these “Game Changers.”

Get started with CB Insights

Start your free trial

CB Insights' emerging technology insights platform provides all the

analysis and data from this newsletter. Our data is the easiest way to discover and respond to emerging tech. 

Was this email forwarded to you? Sign up here

X
LinkedIn
CB-Insights-Icon-Light

Copyright © 2024 CB Insights, All rights reserved.

498 7th Avenue, NY, CB Insights, New York,10018

About Us | Update Preferences | Research | Newsletter