AI21 Labs: Bringing Reliable AI to the Enterprise with Co-Founder Ori Goshen
Sep 20, 2023
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Joined by Ori Goshen, Co-founder and Co-CEO of AI21 Labs, the podcast explores AI21's origin story, differentiated approach to AI, and neurosymbolic AI. They discuss advances in language models, deploying AI models in different environments, and Israel's talent pool in AI.
AI21 Labs focuses on deep technology, end user-facing applications, and enterprise platforms, attracting significant interest from investors.
Ori Goshen emphasizes the importance of responsible fundraising, aligning progress with valuations, and optimizing models for effective growth.
Deep dives
AI21 Labs raises Series C funding of $1.4 billion
AI21 Labs, co-founded by Ori Goshen, recently raised a Series C funding round with investors such as Pitango, Walden Catalyst, Google, and NVIDIA. The company's unique approach in the AI space, which focuses on deep technology, end user-facing applications, and enterprise platforms, attracted significant interest from investors. The funding will not only support the company's growth but also form strategic partnerships with Google and NVIDIA.
Importance of responsible fundraising strategy in the AI market
Ori Goshen emphasizes the importance of developing a responsible fundraising strategy in the AI market. While there is excitement and major funding rounds happening, he believes that it is crucial for young companies to be responsible and consider how they grow their businesses. Goshen stresses the need to align progress with valuations and to calibrate the business side to the maturity of the market. He also highlights the significance of being practical about GPU usage and compute resources, suggesting that optimizing models and being thoughtful about their deployment can lead to more effective growth.
Origin story of AI21 Labs and their neurosymbolic approach to AI
AI21 Labs, founded in 2017, was started by Ori Goshen and Yoav Shoham, with the involvement of Amnon Shashua, co-founder of Mobileye. The company's vision is to merge two approaches of AI, deep learning and symbolic reasoning, into what is now called neurosymbolic AI. They recognized that deep learning alone is not sufficient to achieve reliable AI systems. Goshen explains that AI21 Labs aims to build powerful neurosymbolic models and systems that can reason, combine different information sources, and provide valuable insights. Their goal is to move the needle in technological advancement while also creating business value.
AI21 Labs' product offerings and applications
AI21 Labs offers a suite of products and applications that cater to various needs. Their foundational models, under the Jurassic family, are constantly improving and cover tasks such as instruction following, chat support, and language generation. They also have task-specific models, including the contextual answers system optimized for question answering. Additionally, AI21 Labs has an application called Wordtune, an AI-powered reading and writing assistant that can summarize text, help with ideation and rewriting, and enhance productivity for knowledge workers. The company emphasizes delivering their models through various integrations and partnerships, ensuring portability and adaptability to different cloud environments.
Today we are joined by Ori Goshen, Co-founder and Co-CEO of AI21 Labs, for a conversation about AI 21's origin story, their differentiated approach to AI, and their ambitious platform and applications.
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