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The Innovator's Radar newsletter enables you to stay on top of the latest business innovations. Enjoy this week's edition.
Jennifer L. Schenker
Innovator Founder and Editor-in-Chief

A survey of more than 700 technology leaders and senior developers across 41 countries found that business leaders are embracing open source AI tools as essential components of their technology stacks. Overall, more than three-quarters of respondents—76%—expect their organizations to increase use of open source AI technologies over the next several years, according to the survey, which was conducted by McKinsey, the Mozilla Foundation, and the Patrick J. McGovern Foundation.

The uptake of open source AI by business can be explained by looking at technological and geopolitical trends. 

Open source AI innovations are having an impact on two key AI technology developments: privacy-centric Edge applications powered by small language models (SLMs) and the emergence of reasoning models with higher inference-time compute, according to the survey report.

Embracing open source is also increasingly part of the political zeitgeist, as governments seeks alternatives to U.S. and Chinese closed models. During the global AI Action Summit in Paris in February political leaders expressed concern about concentration of power in the hands of a few AI companies. Some 58 of the countries attending the summit – which together represent one half of the global population – signed a statement committing to promoting AI accessibility to reduce digital divides; ensuring AI is open, inclusive, transparent, ethical, safe, security and trustworthy and avoiding market concentration.

"The future of AI belongs to ecosystems, not empires,” says Vilas S. Dhar, president, Patrick J. McGovern Foundation, a contributor to the survey report and a participant at the AI Action Summit.
 

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 -   I N T E R V I E W  O F  T H E  W E E K  -

Morton Meyerson,
Leader in IT and Comput
er Services
Who: Morton Meyerson has had a front row seat to the development of the computer and IT sectors, from vacuum tubes to AI and quantum computing. Along the way he ran EDS, became the Chief Technology Officer of General Motors, mentored Michael Dell during the early years of Dell Computer and became the first investor in billionaire and longtime "Shark Tank" star Mark Cuban’s Broadcast, a video portal which was sold to Yahoo for $5.7 billion in 1999.

Topic: How he became an accidental technologist and the importance of giving back.
 
Quote: "If you spend all your time giving money away, and that's all what you do, you get detached from reality. If you spend all your time making money, you're detached from reality. If you spend all your time as a family person, you can put your energy into that and not have a life. You can have a life and not have any kids or family, but then your life may not have meaning. What I'm trying to do before I die is to illustrate to my grandchildren and great grandchildren that it is possible to be successful and make money, have a family, and do good."
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 -  S T A R T U P  O F  T H E  W E E K  -

Digital atom-based quantum computing company planqc, a World Economic Forum 2024 Tech Pioneer, is aiming to be among the first to market with industry-relevant fault tolerant quantum computers. It is currently working on pilot projects with Airbus, Deutsche Bahn, The European Space Agency and the German Aerospace Center.
 
The German scale-up is one of ten young companies harnessing quantum tech to address critical needs in climate, manufacturing and healthcare selected in April by the Quantum for Society Challenge, run in partnership with the World Economic Forum’s Quantum Economy Network and C4IR Saudi Arabia. In 2024 planqc's founders, Dr. Alexander Glätzle, Dr. Sebastian Blatt, and Dr. Johannes Zeiher, were awarded the "EY Entrepreneur of the Year” award in the "Young Companies" category, recognizing their pioneering work in quantum computing and their commitment to building a " born in Germany" quantum computer.

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 -  N U M B E R  O F  T H E  W E E K -

$150 Billion
Amount IBM said it plans to invest in America over the next five years to fuel the economy and to accelerate its role as the global leader in computing. The  investment includes more than $30 billion in research and development to advance and continue IBM's American manufacturing of mainframe and quantum computers. The company's Quantum Network provides access to IBM's fleet of quantum computer systems for nearly 300 Fortune 500 companies, academic institutions, national laboratories, and startups and is accessed by over 600,000 active users.  

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 -  W H A T  T O  K N O W  -  


The first 27 satellites for Amazon's Kuiper broadband Internet constellation were launched into space, kicking off the long-delayed deployment of an network that will rival SpaceX's Starlink.

A U.S. judge accused Apple of defying an order to loosen its grip on the App Store payment system and said criminal charges could be warranted.

Meta is fighting a group of U.S. authors in court in one of the first big legal tests of whether tech companies can use copyrighted material to train their AI models.without permission.

 -  E V E N T S  -  

The Innovator's Editor-in-Chief Will Be Moderating At The Following Events:
 
  • VivaTech, June 11-14, Paris, France
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