
Alex Immerman
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Sep 30, 2026
The $1 Trillion AI Buildout | State of Markets
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Santiago RodriguezGUEST
Um, and uh, I, I would just say that most of the enterprises that we speak with anecdotally, their exposure to AI is still mostly with Microsoft Copilot, which just shows you how far they have to go.

Alex ImmermanGUEST
This gap between what the models can do and how they're being used is what makes me so excited about the application layer.

Alex ImmermanGUEST
Sarah, you did this great, you know, conversation with Ali Ghodsi at Databricks with Martine, and he talked about how, you know, the AI can know a lot about the world but know very little about your company.

Alex ImmermanGUEST
And we're seeing this, uh, in our application layer companies where they're bridging this gap.

Alex ImmermanGUEST
Um, and like one example that has stuck out to me over the last few months is if you were to take Revolut, who has a really sophisticated engineering team, they still had to partner with Eleven Labs, uh, and take Eleven's, you know, best-in-class voice model and harness it to connect securely with customer accounts and banking workflows so that when I, as a customer call, I can have my, you know, problem resolved smoothly, efficiently, and, you know, securely.

Alex ImmermanGUEST
Um, today's opportunity is so much around taking these capabilities and harnessing them to build, uh, reliable services.
11 MINS LATER