Angus Loten

Enterprise software startups are racing to put the technology popularized by OpenAI’s viral ChatGPT chatbot to use in business software applications, hoping to leverage market buzz over the tool’s humanlike language abilities to grab the attention of corporate technology leaders and investors.

Some startup and venture-fund customers of Silicon Valley Bank said they were able to sign into their accounts Monday morning and set up wires to transfer money out, but said it took a few tries to get access.

‘I think it’s going to creep into our lives in ways we least expect it,’ Mr. Casado said at the WSJ CIO Network Summit.

The abrupt collapse of Silicon Valley Bank is expected to put a damper on innovation in the enterprise-technology market—at least in the short term.

Tapping industry-specific data in areas such as financial management or marketing provides an edge in a crowded AI market, analysts say.

Factories split over whether to use software, instead of humans, to write the random bits of wisdom inside the wafers

The retailer is facing “short-term headwinds” in its cloud-computing business as companies continue to look for ways to cut costs, Chief Executive Andy Jassy told investors.

Collapse of Silicon Valley Bank, high interest rates and market volatility led to fewer funding rounds and exit opportunities in first quarter, extending 2022’s slowdown

Investment firm will acquire CoolIT Systems, which makes systems designed to prevent computing hardware from overheating.

Brushing aside the broader slump in venture capital, corporate VCs want access to cutting-edge business tools, and perhaps an acquisition later on.