Matthew Fitzpatrick, after 12 years at McKinsey & Company, is leaving to take on the role of CEO at Invisible Technologies, a prominent AI firm valued at $500 million. Previously, he led QuantumBlack Labs, where he developed AI tools and software. Invisible Technologies focuses on both data pre-training and post-training for AI model development, aiming to assist businesses in integrating AI effectively. Fitzpatrick highlights the challenge of operationalizing AI models, with less than 10% being utilized in production. He expresses optimism that Invisible can help companies maximize their AI potential.
Despite the hype around AI, we're at a point where fewer than 10% of AI models reach usage and production because enterprises don't have the experience to evaluate, train, and operationalize them.
Invisible can help businesses tackle one of the biggest challenges of the moment - effectively integrating AI into their operations.
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