A Playbook for Personalizing GenAI Apps, Recordings From the IA Summit, and A Conversation with Maria Gilfoyle

A Playbook for Personalizing GenAI Apps, Recordings From the IA Summit, and A Conversation with Maria Gilfoyle

We are thrilled to share our take on the new stack?materializing to help developers build personalized generative AI?applications, as well as share some of the?recordings?from the 2023 IA Summit.?Madrona's Maria Golfoyle is our next Founded & Funded Investor Spotlight, and in the latest Aspiring for Intelligence, Vivek Ramaswami and Sabrina Wu delve into the history of open-source models and explain why they believe this framework will lead to meaningful value generation. Our portfolio has been buzzing with activity, too, with highlights like Skytap's raise, Tangibly's recent addition of a head of sales, and CommerceIQ's Copilot launch.


Perspectives

Moving to Production: The Playbook for Personalizing GenAI Apps

Foundation models have proven to be a powerful technology capable of human-like reasoning. But, that reasoning is generic and frozen in time — limited to only the facts on which the models were trained. Worse, models often fail to recognize their limits, confidently hallucinating inaccurate responses. This is incredibly constraining for developers trying to build personalized generative applications. In this piece, Investor Palak Goel shares how developers incorporating RAG, prompt engineering, fine-tuning, and their own pre-trained models will build differentiated, personalized, and defensible generative applications. Read more here.


Founded & Funded

Investor Spotlight with Maria Gilfoyle

Get to know Madrona's Maria Gilfoyle in our latest Founded & Funded Investor Spotlight. Learn how she pivoted from wanting to become an artist into venture capital, her design-first focus, what she looks for in founders, and what she enjoys doing outside the office. Listen to the full episode here.


IA Summit Recordings

So far, we've shared three recordings from our IASummit earlier this month.

  1. In his Keynote, Ai2 CEO Ali Farhadi discussed the future of AI models, emphasizing the importance of open ecosystems for AI development.
  2. NYSE Head of Capital Markets Michael Harris led a panel with Brad Gerstner, founder and CEO of Altimeter; Asheem Chandna, a partner at Greylock; and S. Somasegar, Managing Director at Madrona. The group dove into the challenges and opportunities in GenAI, focusing on strategic investments, successful AI strategies, and the impact of regulations on the industry.
  3. Madrona Venture Partner and former CEO of Tableau Mark T. Nelson led a panel to explore a recurring debate within the AI landscape: Can entrepreneurs truly create value at the application layer of AI, or will incumbents dominate this arena? Panelists included Abhay Parasnis , Founder and CEO of Typeface ; Vijaye R. , Founder and CEO of Statsig ; James Phillips , VP of Google Cloud ; and Adam Caplan , SVP of Salesforce AI.

Ali Farhadi Keynote: Open AI Ecosystem

Panel: Public & Private Market Perspective in?an?Evolving GenAI Ecosystem

Gen-Native vs. Gen-Enhanced Applications


Newsletters

Aspiring for Intelligence: Open (Source) Sesame

Inspired by Ali Farhadi's IA Summit Keynote, Vivek Ramaswami and Sabrina Wu use this week's Aspiring for Intelligence to?delve into the history of open-source models?and explain why they believe the framework holds long-term value and serves as a vital counterweight to closed-source models. Read and subscribe here.


Hooked on Risky Business

You are wasting your time and the time of the leader you are recruiting if you are not maniacally focused on understanding true startup fit early in the hiring process. That's Audra Aulabaugh 's main takeaway from this week's Hooked, which is a reminder to founders that even though startups have recently seen a more level playing field for talent — pendulums swing. Audra says it's time to get game-ready for 2024. Prequalifying mission alignment, risk aversion, comp, and investment in the problem to solve is critical so founders don't lose out on great talent at the eleventh hour of a recruiting cycle. Read and subscribe here.


Portfolio Roundup

Skytap secured $18 million in financing from Vistara Growth.TaxBit CEO Lindsey Argalas was featured in a Fortune Q&A about the importance of regulatory clarity.

CommerceIQ launched Copilot for Amazon.?

Spice AI made Spice.AI, a hub for building intelligent data and time-series AI applications, publicly available this week.

Unstructured is now offering a paid production API on Azure Marketplace that enables companies to preprocess unstructured data accurately and securely within their own VPC. (Usage caps will be introduced on the free API soon.)

Yoodli's new AI-powered VC pitch coach was detailed in a recent GeekWire piece.

Read AI CEO David Shim participated in a panel at the recent GeekWire Summit. He and Redfin's Bridget Frey and Github's Inbal Shani offer first-hand insights into the new era of AI. The recording was just released on the GeekWire podcast.

Clerk introduced a Feedback Portal that lets users view, add, and upvote features to influence what the company will prioritize working on next.

A-Alpha Bio CEO and Co-founder David Younger received the Life Science Washington Institute's Entrepreneurial Achievement Award.

Amperity is now fully integrated with Amazon Marketing Cloud and Amazon DSP.

Indochino was named the official suit supplier for the Formula 1 Las Vegas Grand Prix in November.

Tangibly hired Michael de Bruin to lead the sales team.

Ozette VP of Translational Science Cherie Green joined Lee Callahan on iHeart Radio's Jack FM.

PlexTrac and emt Distribution announced a channel partnership designed to extend the reach of PlexTrac's market-leading platform to managed security service providers and enterprises across the Middle East and Africa region.

Troop was featured in a piece by PhocusWire catching up with their 2021 Hot 25 Startups.

Echodyne CTO and Co-founder Tom Driscoll sat down with Drone Radio Show host Randy Goers for an in-depth conversation about Echodyne's innovative radar sensors and how they're used in the drone industry, most notably to support advanced air mobility.

SeekOut Co-founder and CEO Anoop Gupta joined The Recruitment Flex Podcast.

Highspot VP of Revenue Enablement penned an article about sales onboarding for Built In.

Clari Enterprise Sales Director Lynn Powers was on the 30MPC podcast.

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