September Tech Round-Up: All-In Summit Exclusive Report

September 17, 2024 ‎NRP Team

This month, we report from the All-in Summit in Los Angeles. The All-in Besties and their mates like Elon Musk and Peter Thiel aren’t everyone’s cup of tea - but you can’t question their achievements or their influence within the global tech ecosystem.

Enjoy, from all of us at North Ridge Partners.

Original Thinking From North Ridge Partners

The All-In Summit 2024 brought together some of the brightest minds in tech, business, and politics to discuss the future of innovation and society. Click here to read our take on the Summit.

Big Tech

Upended – ‘Blackout Challenge’ ruling puts social media’s legal long-held protection – and business model – at risk.
Don’t take our TikTok away: Americans.
Go figure: Surging data centre demand drives Nvidia revenues through the roof… cue sharp share price reversal.
OpenAI set to raise $6.5bn in funding, pushing its valuation to new heights in the AI landscape.

Asia Pacific Tech News

Blackstone and CPPIB buy Aussie AirTrunk for AUD $24bn.
Alibaba misses revenue targets, while JD.com beats on earnings. Meanwhile, Tencent profits soar on second quarter gaming bounce back.
Thin pickings: Funds dry up for Indonesia’s unicorns.
JD.com expands, while Qoo10 lays off 80% of its employees and splits with logistics arm.

Artificial Intelligence

Eric Schmidt, Google’s former CEO (and the ‘adult in the room’) on why we can’t even imagine the impact of AI over the next 18 months.
AI’s summer of discontent.
Australia puts transparency and human oversight at the centre of AI regulatory debate.
Apple Intelligence: AI or poor cousin?

Stuff We Found Interesting

Antitrust troubles expand for Google as US DOJ targets its advertising technology business, but it gets off cheaply in California media content deal.
Q-Day concerns: Preparing for the great (and inevitable) quantum hack.
Transparency: Anthropic discloses system prompts that make it tick.
Telegram's founder, Pavel Durov, was released after being detained for 96 hours in France and subsequently charged.

Tech Investment Banking Across Asia Pacific

North Ridge Partners advises tech companies across the Asia Pacific on strategy, capital raising and M&A. We’re experienced dealmakers who have built and sold many tech companies. In partnership with GP Bullhound, we have 200 bankers in 17 global offices.

Singapore, Australia, New Zealand