Powered by AI

If the modern enterprise is built on data, we believe it is powered by AI. AI platforms not only generate insights, but also help to make data and insights accessible within product experiences.

Wing company Pinecone is a great example. We led their seed round, and since, they’ve quickly become a necessary AI-powered layer to manage and search vector embeddings. Their platform enables businesses to build sophisticated and scalable end user search experiences.

More broadly speaking, the AI layer consists of systems that help extract semantic understanding and insights from data. Some of these companies offer analytical AI, used to classify, organize, or reason about data. Others now offer generative AI, which creates data in the form of content or content enhancement. These systems are designed not just to support ad hoc analysis, but to be productized in support of business processes. 

The next layer is where AI processing occurs, either through a developer’s own AI technology or through the utilization of industry foundation models—and probably both. While industry models are extraordinarily powerful, developers of specific applications can build adaptation layers around them and deploy additional proprietary models above them, improving fit with the target business process. 

Over the last decade, we’ve unlocked the utility of new data types, from images and audio to unstructured text and even within biology. Paired together, data and AI enable true personalization. Today, foundation models are being rapidly adopted, often combined with internal models to improve fit for particular business problems. As these data and models become must-haves, AI is quickly becoming an embedded element of every next-generation business application.