OpenAI, News Corp, BBVA, Personio, ServiceNow and McKinsey on AI Alliances for this Week in Partnerships
- Gianluca Luke Caccamo
- May 24, 2024
- 2 min read
AI & CONTENT-LICENSING
In its streak of recent deals with content publishers, OpenAI signs up a multi year partnership with NewsCorp.
Let's delve into the nuts and bolts of this partnership.
AI & BANKING
BBVA is the first European bank to strike a deal with OpenAI.
“New artificial intelligence tools are going to have a disruptive impact on society as a whole and on the financial industry in particular. At BBVA, we want to further promote our role as pioneers when it comes to innovating in financial services and we are therefore firmly committed to exploring the potential of this technology. We believe that generative AI, when used safely and responsibly, is a game-changer in how we support our customers in their decisions and offer personalized services. It also happens to stimulate creativity among our employees,” explains Ricardo Martín Manjón, Global Head of Data at BBVA.
But let's see how this partnership will impact BBVA.
RESOURCE
"Strategic alliances for gen AI: How to build them and make them work" from McKinsey. Find full article here.
Key insights summarized below
ServiceNow Partners' Equity Investment Strategy
ServiceNow has been quite active in the Partnership space. With their latest move, they are levelling up their game, investing 150M$ for minority positions in smaller and midsize partners.
'We will take minority positions in smaller and midsize partners with a specific view towards giving those partners the equity, the capital, to basically bring in new skills and talent, train those skills and talent, take a little bit of the heat off them from a revenue perspective. We're giving a nice investment into them so that they can train them up and then go and start to execute,’ says ServiceNow Chief Commercial Officer Paul Smith.
PARTNERSHIPS in HR
Hughes Vincent celebrates a new milestone for Personio's tech partnership integrations.
Want to become a Tech Allier? Join the Slack Community.
Considering strategic partnerships as your Go-to-Market?
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