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We brought together portfolio companies and members of our Innovation Advisory Board for a wide-ranging discussion on AI and data.
Artificial intelligence and data analytics are transforming every enterprise. Salesforce Ventures recently invited a group of corporate leaders and members of our Innovation Advisory Board (IAB) to meet with select portfolio companies—including Protect AI, Astronomer, Hugging Face, and Starburst Data—for a discussion about how enterprises can leverage new cutting-edge technologies to streamline operations and improve efficiency.
In attendance were technology leaders from major enterprises, including Comcast, Amazon, T-Mobile, KPMG, Coinbase, and more. The conversation featured many great insights for startup founders and enterprises alike. Here were a few of our top takeaways.
Note: Quotes from our speakers have been edited for clarity and concision.
“We work a lot with a lot of highly regulated industries like healthcare, life sciences, finance, and defense. There are pretty consistent build patterns for generative AI, and at some point they nearly all rely on open source software (OSS) in some way. OSS can be found in models, data sets, ML Ops tooling, and more. In LLMs, we see a lot of customers fine-tuning OSS models for specific use cases, such as an AI-augmented scientist for molecular discovery in biotechnology processes. Because there are so many regulations about how models, data, and other information is used in healthcare and life sciences applications, these enterprises all need greater control and analysis on the model and the entire AI system.”
“To do this, they use Protect AI to assemble a model and ML bill of materials. With Protect AI, they can manage new vulnerabilities and technical risks, create finer grain access controls to the system, model, and data sets, and have automated documentation for critical regulations. They can also monitor how clinicians, data scientists, and physicians or researchers are using the model and data assets so they can’t, essentially, ‘peek over the wall.’ That could violate some regulatory elements. Protect AI’s Radar policy engine is used to create those policies across all of their AI environments to help them build more secure, safe, and compliant AI.”
“A majority of industries are still at the AI proof of concept stage. I think one of the big reasons for the slow adoption curve is challenges related to hallucinations, data privacy, and organizational alignment. We need to resolve those concerns and fine-tuning is one way to do that. Salesforce Ventures is interested in companies building products to help customers fine-tune whatever models they want to leverage for specific values they care about so the outputs are more aligned with what they want. These companies should prioritize user trust and data privacy.”
“We’re starting to see use cases around image, audio, and video. What’s coming in the next few months is what the industry calls a multi-modal model. This means a model that is able to take into account language, image, audio, and video and generate an output.”
“Thanks to open source AI, enterprises have access to models that can be efficient when it comes to fine tuning models with the customer’s processes and datasets. Fine tuning a huge model takes too much time and money. So enterprises are turning to smaller models that are able to focus on specific tasks in specific contexts. For example, if you’re building a feature that summarizes text, you get a model that is built for summarization and fine tune it on your data so it’ll be even better in generating content related to your context and also more cost effective.”
Corporate partners and IAB members who attended our innovation forum raised interesting questions and provided valuable feedback to our founders. We’ve collected a sampling of their most salient insights here:
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This Innovation Forum was part of an ongoing series that aims to connect Salesforce Ventures’ corporate partners and thought leaders with members of our portfolio. We’re energized by the current rate of innovation in the market, and look forward to nurturing this innovation through an ongoing series of conversations with members of the Salesforce ecosystem.
To learn more about our thoughts on the AI market, read about our recent investments in Hugging Face, Anthropic, and Protect AI.