The “Most Influential” AI Companies

Plus Perplexity Raising at $3B

Author

Nathaniel Whittemore
May 30, 2024

The AI Breakdown First Five - Thursday May 30, 2024

Today on the First Five:

  • 5. Is the OpenAI-Apple Deal Done?

  • 4. Klarna Saves Millions with AI

  • 3. Perplexity Raising at $3B

  • 2. Mistral Launches Code Model

  • 1. The “Most Influential” AI Companies

5. Is the OpenAI-Apple Deal Done?

While this week’s OpenAI discussions might have been all controversy, the reality is the company continues to smash forward. New reporting suggests that the company’s deal with Apple is done, with Sam Altman having talked to Microsoft CEO Satya Nadella about concerns.

4. Klarna Saves Millions with AI

As business leaders look for examples of AI actually having ROI, buy-now-pay-later service Klarna has just shared that they’ve saved approximately $10m in marketing thanks to AI. The impact is so profound they felt they needed to warn about how dramatic the shift for that industry could be.

3. Perplexity Raising at $3B

Perplexity is really setting the template for constant fundraising at this point. Just months after their last funding close, they’re in talks to raise again — this time at a $3B valuation.

2. Mistral Launches Code Model

French AI open source darling Mistral has launched a new code focused model. People are excited, but also noticed that it’s not approved for commercial use and are wondering if business realities are starting to shift Mistral’s open source priorities.

1. The “Most Influential” AI Companies

Speaking of Mistral, they join OpenAI, Anthropic, CoreWeave, Nvidia, AMD, Microsoft and Google as some of the AI-related entries to TIME’s 2024 list of most influential companies. Who else would be on your list?

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