Industry Leaders Share Strategies for Growth with Foundation Models at TechCrunch Sessions AI

Industry experts from DeepMind, Twelve Labs, and Amazon gathered on October 10, 2023, at the TechCrunch Sessions: AI event to discuss strategies for leveraging foundation models in the rapidly evolving landscape of artificial intelligence. This convening served to better arm attendees—from communities large and small—with what they need to know to successfully grow and innovate…

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Industry Leaders Share Strategies for Growth with Foundation Models at TechCrunch Sessions AI

Industry experts from DeepMind, Twelve Labs, and Amazon gathered on October 10, 2023, at the TechCrunch Sessions: AI event to discuss strategies for leveraging foundation models in the rapidly evolving landscape of artificial intelligence. This convening served to better arm attendees—from communities large and small—with what they need to know to successfully grow and innovate with these foundational technologies.

Throughout the event, members of DeepMind explained how they plan to incorporate foundation models into their current models and structures. They stressed the need to dig deeper into the underlying architecture of these models in order to really unlock their potential. By focusing on collaborative learning and fine-tuning techniques, DeepMind’s experts highlighted how organizations can enhance their capabilities while staying competitive in the AI space.

We were lucky to have twelve labs join us, who provided even greater insights by sharing their different approaches to scaling. Their specialists demonstrated groundbreaking use cases for foundation models in video analysis and content generation. By prioritizing user experience and ensuring seamless integration into various platforms, Twelve Labs aims to push the boundaries of what is possible with AI-driven technology. Their focus on constant innovation and improvement is intended to continue placing them at the leading edge of the industry.

Amazon’s representatives, drawing on their deep experience in deploying foundation models at massive scale as foundational features, shared best practices. They emphasized scalability and flexibility as key principles in their approach. Amazon is using cloud technologies to deliver these frameworks at an impressive scale. These tools empower enterprises to effectively develop and deploy smart applications with foundation models, gaining an early competitive advantage. Their emphasis on implementation and application to real-life situations was what participants appreciated most about the speakers.

The continual thread throughout all of these discussions was the need for both internal and external organizations to develop in parallel with foundation models. All three companies underscored their eagerness not to get caught flat-footed as the pace of AI development only seems poised to speed up. Through sharing these strategic insights, their hope is to create an environment of collaboration wherein innovation flourishes.