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Most GenAI pilots fail (95% according to the MIT study) — but not because the tech doesn’t work.. It’s because the data isn't of good enough quality.
Enterprise workflows don’t live on the internet. If you want useful models, you need proprietary data.
Listen to my conversation with Jonathan Siddharth on Sourcery: https://lnkd.in/erEMGN8T
Turing was named to Fast Company’s Next Big Things in Tech! 🚀
Turing helps enterprises train AI on data that goes beyond the basics. We focus on the capabilities that matter: multimodality, agentic systems, and human-in-the-loop, paired with evaluation-first loops that surface real failure modes and drive faster improvement.
➡️ Full story on Fast Company: https://bit.ly/43eUFLC#TechNews#TechAward
Most GenAI pilots fail (95% according to the MIT study) — but not because the tech doesn’t work.. It’s because the data isn't of good enough quality.
Enterprise workflows don’t live on the internet. If you want useful models, you need proprietary data.
Listen to my conversation with Jonathan Siddharth on Sourcery: https://lnkd.in/erEMGN8T
Enterprise AI isn’t about using general intelligence. It’s about building proprietary intelligence.
The best companies aren’t just integrating LLMs. They’re fine-tuning on their own data and building models competitors can’t touch.
Turing is a key component in the data and research stack.
Hear more on Sourcery: https://lnkd.in/erEMGN8T
Elad Gil, of Gil Capital and Gil & Co, aka one of Silicon Valley’s most influential investors, sits down with Sourcery to unpack the state of technology investing.. from the 1999 IPO boom to the AI bubble, and what it really takes to build durable companies across cycles.
Hear more: https://lnkd.in/esaDADPu
Elad has backed more than 200 companies, from Stripe, Airbnb, Brex, Deel, and Coinbase to next-gen AI leaders like Perplexity, Harvey, and Decagon. Today, he runs Gil Capital, a multi-stage investment firm potentially managing “billions,” and continues to be one of the most insightful voices on technology, capital, and company-building.
Did we mention he’s a bit of an enigma?
Portfolio includes: Abridge, Airbnb, Airtable, Anduril, Applied Intuition, Braintrust, Brain Co., Brex, Character, Checkr, Coinbase, dbt Labs, Deel, Decagon, Figma, Flexport, Gitlab, Gusto, Harvey, Instacart, Mistral, Navan, Notion, Opendoor, PagerDuty, Perplexity, Pika, Pinterest, Retool, Rippling, Samsara, Saronic, Square, Stripe etc.
In this conversation, Elad reflects on:
• Lessons from the 1999 IPO Boom: 2,000 internet companies went public, and only a handful remain. What does that mean for today’s AI rush?
• AI Bubble? Why Elad believes technology waves are always “overhyped and underhyped” at the same time.
• How to Spot the Next Amazon or Stripe in AI: What separates short-term success from long-term durability.
• When Founders Should Sell: The four real reasons companies get acquired, and why sometimes it’s the smartest move.
• Bottlenecks in AI: Why energy and regulation may shape where global training hubs are built.
• Forever Private Companies: Stripe, SpaceX, and the new trend of companies that never go public.
• Building a Trillion-Dollar Company: The markets, founder traits, and timing needed to reach that scale
LA Tech Week in full swing ⚡️
Always good to get out from behind the desk to attend a few great events this week with Google and Brex.
Big thanks to Molly O'Shea, Jonathan Chang, Art L., and Yoav Bergman for hosting!
My new LA Tech Week tradition is attending a Unicorner event. Last year was great and so was yesterday.
I headed to Santa Monica for the beehiiv founder fireside with CEO Tyler Denk 🐝 in conversation with Molly O'Shea of Sourcery.
The Fire Memos newsletter is powered by beehiiv and we just started using their ad network. I’ve run two ad campaigns so far and I’m impressed.
And if you’re not already subscribed to Unicorner, you should be.
Every Monday, Unicorner sends out a 2-minute rundown of an exciting startup (and this newsletter is also powered by beehiiv).
Thank you Joresa Blount for saving me a seat + for all the gems.
Tyler Denk 🐝 convo + Molly O'Shea moderating == incredible turnout
Had an energizing #LATechWeekUnicorner fireside yesterday. As happy beehiiv customers, it's always welcome to hear Tyler drop some insane wisdom on a Wednesday afternoon.
Many thanks to our partners PwC and BLANKSPACES Coworking for co-hosting!
Missed the convo? Check my comment below to get the recording in your inbox 👇
cc: TECH WEEK by a16z
𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐭𝐢𝐦𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐚𝐜𝐞 𝐭𝐨 𝐀𝐆𝐈!
Loved the conversation with Molly O'Shea about Turing’s mission and our strategic unlock on the path to AGI.
AGI demands three things:
➔ Breakthrough research
➔ Massive compute
➔ Rich, high-quality data
Turing sits uniquely at the intersection of all three and we’re just getting started.
The future is coming fast. Full speed ahead.
Link below to listen to the full interview:
Jenny Johnson, CEO of Franklin Templeton: “There’s a reason why there’s this massive proliferation in alternatives & private assets, right?
So, in the case of private credit, we already talked about it on the bank lending rules and capital requirements, I think has pushed post the financial crisis into private credit. And I think in private equity. companies are waiting longer to go public.
You just saw yesterday.. Electronic Arts (EA) just went private at a $50 billion valuation. You can’t imagine in the past that there was enough private capital for that.
Well, why? Because it won a lot of the rules around public companies and quarterly earnings and things for CEOs in a time of great technological innovation, there’s a fear that to meet those quarterly earnings, they are not making the investments that they need to ensure the company’s position for the future..
So companies are choosing to not go public and going private from being public. I don’t think that trend changes, and if anything in this time with the technological advances, as I said, actually there’s even a greater reason to stay private.”
More on the state of private capital in Sourcery: https://lnkd.in/ej4-uEJ8
Source: Bloomberg