What: Investment company Andreessen Horowitz reviews how the corporate world is adapting to Generative AI.

Why it is important: For now, major companies are still building their own apps rather than buying them off the shelf.

The article discusses the significant growth and potential of generative AI in the enterprise sector for 2024. After observing consumer behavior in 2023, enterprises are expected to notably increase their budgets for generative AI, expanding its application and transitioning more workloads to production. Enterprises are exploring multiple AI models to tailor solutions to specific use cases and are increasingly turning to open-source models for greater control and customization. The focus is on building in-house applications, with a keen interest in internal productivity tools, while cautiously approaching external customer-facing applications due to concerns about AI reliability and public perception.

16 changes to the way companies are building and buying Generative AI