Molly O'Shea talks to Grace Isford of Lux Capital, the firm’s youngest Partner, on computational sciences, the current AI Landscape, her investment thesis on New York City's AI sector, and implementing AI in companies.

Grace discusses the potential and challenges of AI agents, the current state of the technology as well as the companies making progress in this space. She also provides practical advice on how companies can implement AI, emphasizing the importance of defining your goals, finding the right tools, and proving value.

Is it time to invest in AI? Listen to Grace’s insights and perspectives on the current investment climate and where opportunities lie in the evolving AI landscape, highlighting the potential and challenges of infrastructure and application companies.

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Check out:

Lux Capital: ⁠⁠https://www.luxcapital.com/⁠⁠

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Subscribe to Sourcery: ⁠⁠https://www.sourcery.vc/ ⁠⁠

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Sponsor: ArcherArcher's Midnight is a piloted four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights. Learn more about how Archer is set to open up a new world of opportunity for passengers by providing safe and efficient access to people, places, and events across the communities they live, visit ⁠⁠https://www.archer.com/⁠⁠

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Companies mentioned:

Handshake: ⁠⁠https://www.joinhandshake.com/⁠⁠

Canvas Ventures: ⁠⁠https://www.canvas.vc/⁠⁠

Runway: ⁠⁠https://runwayml.com/⁠⁠

LangChain: ⁠⁠https://www.langchain.com/ ⁠⁠

Sakana AI: ⁠⁠https://sakana.ai/⁠⁠

Together AI:⁠⁠ https://www.together.ai/⁠⁠

Hugging Face: ⁠⁠https://huggingface.co/⁠⁠

Mosaic ML (now part of Databricks): ⁠⁠https://www.databricks.com/ ⁠⁠

Osmo AI: ⁠⁠https://www.osmo.ai/⁠⁠

Modal: ⁠⁠https://modal.com/ ⁠⁠

Bloomberg: ⁠⁠https://www.bloomberg.com/ ⁠⁠

Ramp: ⁠⁠https://ramp.com/ ⁠⁠

OpenAI: ⁠⁠https://openai.com/ ⁠⁠

Anthropic: ⁠⁠https://www.anthropic.com/ ⁠⁠

MongoDB: ⁠⁠https://www.mongodb.com/ ⁠⁠

Datadog: ⁠⁠https://www.datadoghq.com/⁠⁠

Factory AI: ⁠⁠https://www.factory.ai/⁠⁠

Maven AGI: ⁠⁠https://www.mavenagi.com/ ⁠⁠

Evolutionary Scale: ⁠⁠https://www.evolutionaryscale.ai/⁠⁠

Cilvr Lab: ⁠⁠https://wp.nyu.edu/cilvr/⁠⁠

Columbia University: ⁠⁠https://www.columbia.edu/⁠⁠

Cornell Tech: ⁠⁠https://tech.cornell.edu/⁠⁠

Princeton University: ⁠⁠https://www.princeton.edu/⁠⁠

Santa Fe Institute: ⁠⁠https://www.santafe.edu/⁠⁠

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TIMESTAMPS:

(00:01) Introduction and Background

(00:50) Investment Strategy

(03:13) API Economy and Research Process

(05:58) Sourcing Strategy and Sakana AI Investment

(10:28) Japanese AI Investment

(14:59) Sponsor: Archer

(15:22) Investment Stages

(16:16) Hugging Face Business Model

(17:59) Technical Evaluation of Companies

(22:19) New York as an AI Hub

(28:54) Current State of AI Investments

(36:58) AI Agents

(41:00) Implementing AI in Businesses

(46:59) Wrap

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