Aidan Gomez is an intern Google In 2017, Brain helped co-author “All you need is attention” This paper conceptualized the transformer that ultimately launched the generative artificial intelligence craze.
“No one working in the field at the time could have foreseen what our technology was capable of,” Gomez told CNBC in a recent interview. “These models are doing things that I personally think maybe I will see by the end of my career. , maybe in 40 years.”
Gomez, a computer science student at the University of Toronto at the time of his internship, left Google in 2021 to co-found Cohere, an artificial intelligence startup backed by Nvidia and have It is said Raised capital at $5 billion valuation. Cohere makes generative AI models that companies can use, in contrast to consumer-facing products like OpenAI’s ChatGPT.
Cohere co-founders Aidan Gomez, Ivan Zhang and Nick Frosst go out with colleagues
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“Studies from MIT and Harvard show increases in productivity,” Gomez said. “You can measure it quantitatively. You sit knowledge workers next to one of these models. You train them how to use it, how to make it work for them. They have to learn how to use the technology, but once they do that, You will find that your productivity increases by about 40%.
In June 2023, Cohere raised $270 million from investors including Salesforce and Oracle, valuing it at $2.2 billion. Cohere executives even participated in a White House forum on artificial intelligence.
Until recently, Gomez said, “everything to date was done by about five people.” Cohere currently has about 400 employees and is rapidly growing its sales team.
When asked about specific use cases where generative AI could benefit companies, Gomez cited a model Cohere has built to help insurance companies. When a mining or pipeline company makes a request for proposals, the technology enables the company to submit quotes faster, beating out competitors.
Gomez called it a game.
“The first insurance company to make a reasonable bid wins the contract,” he said. “We’ve added their actuaries, and those are the people who are doing the research on the projects, assessing the risks, putting out quotes.”
By speeding up its actuaries, Gomez said the company was able to win more contracts.
“I never imagined that insurance companies planning natural resource plans would use large language models,” he said. “But they are.”
Watch the video to hear the full conversation between CNBC’s Steve Kovach and Aidan Gomez.
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