The 2024 MAD Landscape is officially live!
Super excited to finally drop this behemoth of a landscape alongside
@mattturck
(and to hear all of your reactions to the accompanying thoughts)
It's out! After hundreds of hours of work, excited to publish the TENTH annual MAD (Machine Learning, AI & Data) Landscape. 🔥🔥🔥
The OG of data/AI market maps is back, bigger than ever lol
+ 24 themes we're thinking about in 2024
w/
@AmanKabeer11
So excited to share that I've moved back to NYC to join
@mattturck
and the brilliant team
@FirstMarkCap
!! If you're currently building or thinking about building in AI/ML, Data Infra, Dev Tools, or the ~many~ intersections b/w them, I'd love to hear from you - DMs always open!
the semiannual release of
@twofriendsmusic
BBM is like groundhog day for finance bros
will there be 26 more weeks of winter or will we be in the ultimate zone at work this spring
Special episode of the MAD podcast:
@AmanKabeer11
(aka “the intern”) and I chatting about all the craziness in the AI market
Open source, agents, what we’re investing in
YouTube:
Spotify:
Apple Podcast:
Honor to have a massive recent entrant to the NYC AI Scene
@cohere
join us at Data Driven NYC after opening their office in Meatpacking!
Great to hear
@jrbluth
, Cohere Head of Product, illustrate how 2024 is the year of the ‘multi-hop & tool use’ era of GenAI
Cc
@mattturck
Hope you're safe after that little earthquake...ha ha it just reminded me of those incredible weeks we spent together before your Seed and all the moving and shaking you guys have been doing since...so anyways what's your ARR and should we talk Series A or
Beyond excited to double down on our partnership with the incredible
@tobiemh
&
@jaimemhitchcock
and lead
@SurrealDB
's Series A!!
Enterprises are looking to rebundle their data infra following MDS era sprawl, starting with SurrealDB as the ultimate multi-model database, and
Incredibly excited to partner with
@karl_tuyls
,
@laurentsifre
and the H Company as they build frontier action models for enterprise workflow automation!!
$220M seed, we’re BACK!
Excited to be involved at H Company
Investment thesis:
* Model to action is the next frontier
* Enterprise automation through AI is just getting started
* French/euro AI talent rocks,
@laurentsifre
@karl_tuyls
etc, co-founding team out of DeepMind
Fundamental truth I believe in: If you’re investing in AI or anything technical you should be able to explain the underlying concepts to a child (without prompting ChatGPT/Claude/Perplexity to do it for you)
Incredibly excited to partner with
@ben_lern
and the
@espresso_ai
team as they use GenAI to automate away your excess / inefficient cloud spend, starting with Snowflake.
Turn ☕ on --> save 💸 , pretty much as simple as that
cc
@mattturck
Today, we are excited to announce that we have raised over $11 million in funding, including a seed round led by
@danielgross
and
@natfriedman
, and a pre-seed round led by
@mattturck
at FirstMark, with participation from a number of industry leaders, including
@tasso
, Spencer
How you know you’re a NYC person: you feel a rush / adrenaline boost when you see the cityscape in a cab from JFK/LGA
How you know you’re an SF person: you religiously listen to the Huberman pod
"When it's not what you initially planned as a founder, but it's somehow working"
@FirstMarkCap
's NYC office hoops sessions are on another level.
@byAnhtho
Thrilled to kick off the first Data Driven NYC of the Spring ☀️ with a fantastic demo from
@gabhubert
, illustrating how the
@dust4ai
platform empowers knowledge workers to build AI Assistants and enhance productivity
Cc
@mattturck
@FirstMarkCap
#BREAKING
"Eat those balls!" - Hundreds gather in Union Square to watch a man eat an entire jar of cheese balls!
As he ran around the cheering crowd, high fiving with orange cheeseball hands, one fan asked if he'll run for president.
Chesseball man said he'd go home to throw
2 things we know for sure w/ genAI:
1) people will interact with software in natural language
2) genAI will automate internal processes
@alexanderrinke
on
@Celonis
’ excitement (and great positioning) for
#2
as the go-to process mining platform for G2000
#DataDrivenNYC
“Decisions you take in asymmetric moments are what change your trajectory most”
Profound from
@AravSrinivas
, Founder & CEO of
@perplexity_ai
on deciding to take on Google realizing that failure wouldn’t change the SQ but their success could change everything
#DataDrivenNYC
Incredibly excited to partner with
@byAnhtho
,
@sarkissianraff1
and the entire
@GetLago
team as they take on Stripe & build the most flexible usage-based billing platform out there!!
An AI-first world will center on hybrid pricing models, which comes with a host of infra
We are thrilled to welcome
@GetLago
to the FirstMark family!
For companies with custom billing needs, Lago offers a self-hosted, scalable, modular architecture for metering and usage-based billing, and already counts companies like
@MistralAI
,
@togethercompute
,
@Junedotai
as
Every year since 2012 (!), I've been doing a b̶i̶g̶, h̶u̶g̶e̶, GINORMOUS market map of the Data/ML/AI ecosystem (MAD landscape)
Input welcome: Who should
@AmanKabeer11
and I include this year?
* new companies
* new OSS projects
* emerging trends
see
College reunions as a working person is the most surreal experience
Taking founder calls from cubicles in your favorite college library (s/o Bass Library
@Yale
) and then walking around to see dozens of other alums also on Zoom is wild
Grateful to end the last
#DataDrivenNYC
of 2023 with
@scottbelsky
, Chief Product Officer (among many other things)
@Adobe
Meaningful insight from building Firefly for folks trying to develop enterprise-ready models:
“Enterprises have real concerns about the underlying data
We’re going from devs running a couple “vibe check” tests to systematic & rigorous eval ✅
Great to have
@anandnk24
demo
@PatronusAI
live for a packed house
#DataDrivenNYC
“Now 30% of CMIOs are looking to purchase GenAI solutions, we went from convincing & educating customers to look at GenAI to convincing them we’re the best product, much easier for a startup to do”
@akileshbapu
Founder & CEO of
@DeepScribeAI
#DataDrivenNYC
Save money on your Snowflake bill, get
@espresso_ai
Loved having
@ben_lern
join us to talk through how Espresso AI leverages GenAI for data warehouse optimization & drives immediate reduction to customers’ Snowflake spend
Not pictured: Ben handing
@mattturck
a fat stack of
“AI gets us to our mission of democratizing access to and insights from geospatial data so much faster. Completely changes the aperture of who our customer is”
Great to hear from
@GaryLittleFSQ
from our wonderful hosts
@Foursquare
!!
@mattturck
Beyond thrilled to finally announce our partnership with
@SpartaCommo
as they bring the power of real-time data and analytics (at long last) to the world of commodities trading!
Excited to announce our Series A investment in
@SpartaCommo
!
Been fascinated by financial data since my days at Bloomberg
Commodities trading is a huge asset class that's finally having its real-time data / AI moment
Sparta is the platform for it 🚀
“At large enterprises, even if their existing tech is 30 years old, replacing what’s there is very high friction (12-24+ month process). So, at some point, we decided to modularize each piece of the AI platform to reduce that friction”
@GSapoznik
, Founder & CEO of
@asapp
on how
“Cameras aren’t a better paintbrush, they don’t work the same way. They evolved their own medium and created a new art form: cinema.
We’re still early in understanding AI and the medium it’ll create.”
@c_valenzuelab
from
@runwayml
on the biggest misconception people have around
Yet another killer episode & incredible guest on the MAD pod w/
@mattturck
!!
@origoshen
is incredible and provides a great window into
@AI21Labs
' unique positioning & approach
Worth a listen for anyone thinking about how to approach building in the space or just curious about
[New on the MAD pod]
Great convo with
@origoshen
, co-CEO of Generative AI platform
@AI21Labs
:
* their just announced Series C at a $1.4B valuation
* their differentiated approach to building foundation models
* the Israeli AI ecosystem
Links in next post 👇👇
Great to kick off the 12th anniversary of
#DataDrivenNYC
(🥳🥳) with Cristina and Yimei from
@MoodysAnalytics
, discussing the launch of Moody’s Copilot and the importance of avoiding vendor lock-in when considering the right LLM to build on top of
Diversifying the models you use beyond OpenAI to Claude, others, or even in house can drive significant cost savings in the long term, in the order of several bps improvement to bottom line
@Katzenberg
Founder & CEO of
@SaveWithGlean
#DataDrivenNYC
Brilliant interview showcasing an intimate perspective on the mental fortitude & insane work ethic behind the seemingly effortless greatness that was Roger Federer. Will always be my 🐐 that made me fall in love with this sport, & I refuse to hear any arguments to the contrary
Translation of a fantastic interview with
@theljubicic
by
@SimonGraf1
for
@bazonline
🙂 Thank you Simon for your permission. As Twitlonger doesn't work at the moment I will post screenshots.
We’re excited to announce that
@DavidWaltcher
has joined FirstMark as a Principal focused on enterprise software!
David will be based in New York and work closely with
@Amishjani
to partner with early-stage entrepreneurs building products that serve developers and technical use
@pavyg
Fed retired over a year ago and still living rent free in Novak’s head
🐐 shouldn’t even be a debate at this point with Novak’s resume but his obsession with Roger & Rafa is almost its own proof that GOAT can’t be defined purely on results…the raw emotion Roger & Rafa fans felt
God gives the most heartbreaking sports teams to the strongest people bc they can handle it
This is the theory I’m sticking to, no further questions pls
Know everyone has been waiting for *my* 2024 predictions with bated breath, so I’m happy to oblige…
1. *True* Enterprise AI Spend didn’t even scratch the surface in 2023 (~$19.4B per IDC), we'll see a >3x acceleration in AI spend in 2024
2. The market is underestimating ~yet
IPOs & big ticket M&A
Florida beat Tennessee as usual & on a 3 game hot streak
Tiger King endorses
@GrahamMertz5
& Florida over FSU?!?!
We really are so BACK what a month
Iconic demo on how
@espresso_ai
utilizes LLMs to optimize your Snowflake queries to saw your bill in half
Ft. impeccable crowd work by
@ben_lern
, stacks of cash (that you could be saving) and an organic laugh track from the audience
Not a huge fan of this “officially in my late 20s” thing that happened today, so I’ve decided to reverse age instead. Every bday I’m now going to act a year younger instead until I’m a toddler in my 50s
When large AI models become proficient at narrow tasks, there's a tendency to oversimplify and reduce a discipline to a one-liner description that encapsulates the model's output. It's as if we're trying to solve for the first sentence in a Wikipedia entry: filmmaking is reduced
“How do we enable governments, other sensitive industries to use and trust technology to solve the problems that really matter?”
Meet
@ravin_tham
, Co-Founder & CEO of
@credal_ai
, who showed us this evening how their platform does just that
#DataDrivenNYC
“Every good idea we’ve had came from a customer or potential customer…we only have 2 PMs in the entire 750 person company”
Incredible insight from
@VAST_Data
CEO Renen Hallak on building one of the broadest data platforms out there based on customer pull vs. a PM-led top down
Ever wanted that magical 2FA code autocomplete experience in Chrome when receiving texts on your iPhone?
I got you. I've been hacking on something, and I'm looking for a few early testers to kick the tires.
Interested? DM me or reply here.
Nick Saban walked up to the interview podium after practice one day.
“Okay, y’all ready for a lecture?” he asked.
What followed was a powerful lesson on entitlement and doing your best.
Saban on the Importance of Nothing:
“Let’s talk about the importance of nothing. You get
Had an MRI today and am 10x as bullish on emerging hardware players in the space…absurd that such a vital procedure requires patients to sit completely still in a small enclosing listening to blaring noise for 30min-1hr
Leaving me alone w my own thoughts that long??? Ain’t it