Intelligent Money: Fintech’s AI Moment

Fintech has perhaps the most to gain from artificial intelligence technology. Even slight improvements in forecasting default rates on a loan or cash flows of a business can have a dramatic economic impact.
But for the most part, fintech has been left out of the conversation, partly because there is low margin for error in a regulated space.
Encouragingly, this is starting to change. Ramp is among the fintech frontrunners using automation and machine learning to help customers with expense management, payments, reporting, and more.
Ramp CEO Eric Glyman spoke with Greylock’s Seth Rosenberg and Reid Hoffman for a wide-ranging discussion on how AI is impacting every profession today — and how there is considerable room for it to impact financial services in the future.
This conversation was recorded in front of a live audience of founders, investors, developers, and technologists. You can watch the video or listen to the interview at the links below, or wherever you get your podcasts. (Blog)

44 of the most promising generative-artificial-intelligence startups of 2023, according to VCs

Generative artificial intelligence exploded onto the scene in 2022 with tech advancements that amazed those both within and outside the tech community. Insider asked 22 top artificial intelligence and machine learning investors, including Greylock’s Saam Motamedi, to nominate the early-stage generative AI startups within this ecosystem they believe show the most promise. Adept, Gretel.ai, and Inflection AI were all named on the list. (Insider)

The AI 50 2023

Artificial intelligence has captured the zeitgeist in recent months with the release of ChatGPT and a flurry of image generators. Forbes’ fifth annual list recognizes the most promising privately-held companies building businesses out of artificial intelligence, including Greylock backed Abnormal Security, Adept, Inflection AI, Neeva, Snorkel AI, and Tome. (Forbes)

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