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United StatesTechnology3 days ago

NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

The article discusses the current state of enterprise AI adoption, highlighting concerns around return on investment (ROI) following initial hype. It features Tiffany Luck, a partner at NEA, who talks about the challenges businesses face in realizing value from AI investments. The piece also touches on recent developments such as companies reducing AI spending and Meta discontinuing its internal AI leaderboard.

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Tokenmaxxing  was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go.  Then the bill came due . Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Meta killed its internal leaderboard.

This tension between hype and ROI is exactly where  NEA partner Tiffany Luck  lives these days. She got her start convincing companies that e-commerce was the future, and now she’s all in on AI, especially when it comes to the possibilities for “magic moments” in the consumer business.

On this episode of TechCrunch’s  Equity  podcast, Luck joins Rebecca Bellan to talk about the future of personal agents, her thoughts on this year’s AI IPOs, and how startups are stepping in to help enterprises track return on AI spend.

Subscribe to Equity on  YouTube ,  Apple Podcasts ,  Overcast ,  Spotify  and all the casts. You also can follow Equity on  X  and  Threads , at @EquityPod.

Topics

AI , AI adoption , AI agents , AI IPO , anthropic ipo , Enterprise AI spend , Forward deployed engineers , NEA partner , OpenAI , tiffany luck , Venture , venture capital

Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University.

You can contact or verify outreach from Theresa by emailing theresa.loconsolo@techcrunch.com .

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TechCrunchParty-alignedCenter3 days ago
NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

The article discusses the current state of enterprise AI adoption, highlighting concerns around return on investment (ROI) following initial hype. It features Tiffany Luck, a partner at NEA, who talks about the challenges businesses face in realizing value from AI investments. The piece also touches on recent developments such as companies reducing AI spending and Meta discontinuing its internal AI leaderboard.

Bias read (Center): The article focuses on technological trends and business strategies related to AI without taking a stance on political issues. It presents information objectively, discussing both the enthusiasm surrounding AI and the practical challenges faced by enterprises. There is no evident bias in the framing