Robert Peston

And portfolio companies are looking out to buy others at this moment.

Is that something that you're helping guide through?

Yes, I think it's interesting that you say that.

Private equity has always been thought of as the domain for M&A, you know, buy and build, build a platform company.

But we think of it as also a domain for venture capital.

And the on-site team has created an expertise to help our companies make those acquisitions for exactly, as you say, either geographic expansion or potential new products to put in and for acqui-hires.

And that is one of the ways that our companies are able to access some of this AI talent because these new AI natives are starting AI-first thinking companies.

And some of those companies are ripe for acquisition by some of our companies who are looking for that talent.

It's fascinating to have 30 years of Insight and 25 years that you've been building this team of on-site expertise.

It's wonderful to have you here on the show.

I hope you do come back soon.

Hilary, of course, is over at Insight Partners.

Hilary Gosia, Managing Director there.

Now coming up, robots are doing more for law enforcement.

But as police departments invest more in these machines, ethical questions are arising.

That's next.

This is Bloomberg Tech.

It's time now for Talking Tech, and first up, Intuit will spend more than $100 million on a multi-year deal with OpenAI, aiming to make its apps like TurboTax and QuickBooks more valuable with generative AI.

For the chat GPT maker, well, the deal is part of a push to get consumers and businesses to rely more on its AI tools.

Plus, Baidu, while it's posted its worst sales fall on record, the Chinese search giant has seen ad and marketing spend move to rival social apps.