1 week ago
AI Labs Ditch Models for Consultants as SaaS Market Loses $Billions in Value
AIAI AgentsAI ConsultingAnthropicChamath PalihapitiyaEnterprise SoftwareOpenAISaaS disruptionTech Valuations
TLDR: OpenAI raised $4B to launch a consulting firm competing directly with Deloitte, PwC, and Ernst & Young Anthropic countered with a $1.5B consulting venture backed by Blackstone and Goldman Sachs within weeks Goldman Sachs reports software P/E multiples fell to 20x, the lowest absolute reading recorded since 2014 88% of organizations running AI agents [...]
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