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Odd Lots

Josh Wolfe on Where Investors Will Make Money in AI

Jul 17, 2023
In this discussion, Josh Wolfe, co-founder of Lux Capital, shares his expert insights on investing in the AI frenzy. He delves into the shifting dynamics of AI development, analyzing the battle between established giants and innovative startups. Josh highlights the importance of unique datasets and computing power in identifying potential winners. He also discusses how the transition to open-source models might democratize AI innovation, ultimately reshaping the investment landscape and opening new opportunities for disruptors.
58:19

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Companies with exclusive and high-quality data sets have an advantage in developing accurate and specialized AI models.
  • Corporate venture capital plays a crucial role in the AI industry by validating new technologies and creating competition.

Deep dives

Bank of America's expansion in Paris following Brexit vote

Vanessa Holtz, CEO of Bank of America Securities Europe SA, ensured seamless service to European clients as the bank expanded in Paris after the Brexit vote. The bank aimed to be a one-stop shop and bring Bank of America's full range of services to clients.

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