Weekly newsletter on technology, startups, and venture capital.

See you all at our sold out AI vs Pitch Night for SF Tech Week this coming Thursday. It’s a sold out event with 200 investors, enterprise customers, AI researchers, founders, and developers attending.

Excited to be on the judging panel with my friends from Greylock, Kleiner Perkins, and Vectara.

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Written by Chris McCann, General Partner @ Race Capital. More about me.

• 2023 State of Data report by Databricks. Some highlights: 8/10 of the most adopted data products are open source, LLM usage has grown 1310%, Datalake usage has grown 300%.
• JPMorgan's presentation on technology and IT spend. A few interesting highlights are JPM uses 560 SaaS apps, 40% of their infra spend is on cloud, and on the staffing side: JPM has 900 data scientists, 600 ML engineers, and 200 AI researchers.
• A template for enterprise startup’s board of director presentations.
• YouTube Premium generated about ~$10B in 2022.
• Apple started producing an AppStore transparency report. Some interesting stats: there are 36M registered developers within the apple ecosystem, 650M average weekly visitors to the app store, and 1.7M apps on the app store.
• The new Apple headset (expected to be announced at WWDC) has 1,000 engineers working on it, with a budget of $1B, and is expected to cost $3K.

• By Company: Databricks, GoodNotes, Zeet, Polysign, Opaque, Lightning Labs, OtterTune, and more
• By Role: Engineering, Data Science, Product, Design, Operations, Finance, Legal, and more
• By Location: SF Bay Area, New York, London, and Remote
• Browse more open roles across our portfolio at Race Capital's Portfolio Job Board.

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