Sramana Mitra: What kind of infrastructure are your clients running these days? I imagine you’re going after the larger e-commerce sites because the smaller ones don’t have the infrastructure to run these kinds of stuff. Grant Ingersoll: We scale pretty nicely with the size of the organization. A good chunk of the top 100 or
Sramana Mitra: The nitty gritty of this is very interesting to me. To the audience, it would be very interesting to know to what extent did you achieve this personalization. What I told you earlier about my own experience, where we were doing clothing search, you have many cluster-based personalization opportunities. For example, size is
Grant Ingersoll: In the case of one of our large telecom providers that we power ecommerce for, if a user comes in and searches for iPhone and they’ve never done business with that company, then you want to show them the latest iPhone. If you happen to know that that user is already logged in
A fantastic discussion on the future of search, virtual concierges, and so on. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company. Grant Ingersoll: I’m the CTO and Co-Founder of Lucidworks. I have a background in search, machine learning, and natural language processing. I have been a long-time
Sramana Mitra: It’s fascinating, isn’t it? It’s a really exciting field. Are you chasing unicorns? Ankit Jain: Given that we’re investing $1 million to $10 million, we’re looking at a lot of companies that we hope will show their true market potential. We hope some of them get to that stage. We strongly believe many
Sramana Mitra: In the case of Algorithmia, what kinds of use cases are they? It sounds like it’s a horizontal platform that could be applied to all sorts of use cases. You said it’s a Fortune 500 target market. What kinds of use cases are they going after? Ankit Jain: The simplest way to describe
Sramana Mitra: How are the companies in the Valley that you’re investing in? Are they using offshore development centers where there is AI talent available? Ankit Jain: Even in the last year, it has changed a lot. There is a lot of interesting AI development being done out of Ukraine. Both Pakistan and India have
Sramana Mitra: I was talking to a friend at a party last weekend. He’s very experienced and successful serial entrepreneur. He has invested in an AI company that is doing very well. But this question of hiring AI talent is very serious right now. Let me ask you the geography question. What is your footprint?