December Tech Round-Up: The Insuretech Edition
ChatGPT tells us that Insuretech is the application of technology to innovate and streamline the insurance industry, often using tools like big data and AI. Having just completed a deep dive into Insuretech, this month we roll out our crystal ball to predict what comes next.
With best wishes for the holiday season, from all of us at North Ridge Partners.
Original Thinking from North Ridge Partners
In article one, entrepreneurs and established insurers alike tell us to scale or bail. In article two, we run the numbers to see where the money is flowing, and in article three, we discover new opportunities and categories in Insuretech across the region.
Big Tech News
Whatever you think is going on, just remember… Big Tech is in charge.
Alphabet reveals Gemini, its most advanced AI model.
Gen AI will overhaul every customer experience, says Andy Jassy.
Nvidia looks to 5x performance improvement with faster AI. AMD strikes back with a new line of AI accelerator chips and an eye-popping forecast.
Asia Pacific Tech News
Alipay quits Zomato for a circa $US400m payday.
All that Sheins isn’t glossy as US regulators apply blowtorch.
Tata Technologies IPO generates strong demand.
APAC digital native tech spending growth tops 20% for the next 3 years.
From Elon Musk Corner
Finally, the Cybertruck has arrived. Do we care anymore?
Elon and advertisers get divorced. Can X last without advertising?
Musk looks for a lazy billion to launch xAI.
In a case of ‘reap what you sow,’ Grok turns on its creator.
Stuff We Found Interesting
Dissecting 2023’s Black Friday boom.
The OpenAI saga explained.
There’s an ‘AI war’ underway, and Nvidia is supplying the weapons.
Wikipedia’s most-visited pages in 2023 – topped (of course) by ChatGPT.
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.
Contact us here.
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