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  1. Goldman Sachs18 min

    The Future of Software Engineering: Cognition’s Russell Kaplan

    Russell Kaplan, Marco Argenti

    Cognition, founded by former Olympiad medalists and now valued at $4 billion, is advancing software engineering by deploying Devin, an autonomous AI agent capable of executing end-to-end development tasks. The company differentiates itself through a dual-product strategy combining Devin for independent execution with the recently acquired Windsurf IDE for human-in-the-loop collaboration, targeting enterprise integration into proprietary codebases. While AI capabilities in coding are projected to double every seven months, Cognition aims to elevate Devin to senior engineer status within a year, though future growth is anticipated to be constrained by energy availability rather than data scarcity.

  2. Goldman Sachs21 min

    The Shutdown’s Economic Impact

    Alec Phillips, Alison Nathan

    A partisan role reversal has precipitated a broad federal government shutdown as Democrats withhold support for clean spending bills to demand the extension of ACA health insurance subsidies, a move that polling suggests is driving voter blame toward Republicans. The crisis faces a critical resolution pressure point on October 15 when active-duty military personnel miss a pay cycle, a deadline that historically compels congressional action to avoid widespread economic disruption. While the shutdown projects to reduce Q4 GDP by approximately 0.3 percentage points and delay key economic data releases, market analysts and the Federal Reserve anticipate the stalemate will resolve quickly through a targeted fiscal compromise.

  3. Milken Institute46 min

    Smart Finance: The Intersection of AI, Technology, Talent, and Transformation | Asia Summit 2025

    Krist Boo, Asilah Azil, Marcelo Claure, Andreas Kreuz

    Global AI investment is surging toward $500 billion annually, yet a 95% failure rate persists as enterprises struggle to move beyond pilot programs, with only top performers like T-Mobile and K Health demonstrating significant commercial payback. While 47% of organizations report recent AI risk incidents, the primary barrier to value realization remains cultural resistance and workflow inertia rather than technology, necessitating CEO-led change management and governance models that treat agents as corporate citizens. As geopolitical dynamics force Southeast Asian nations like Singapore to adopt a multipolar strategy leveraging both US and Chinese strengths, the race for success now hinges on massive workforce reskilling and the strategic integration of human capital with autonomous systems.

  4. RAISE Summit22 min

    Inception Fund & AI: From Inception to Exit Building AI Giants from Europe and the Nordics

    Peter Sarlin, Oliver

    Former professor Peter Sarlin founded the private AI lab Silo AI in 2017 and led the bootstrapped company to a $700 million exit when acquired by AMD in 2022, establishing the largest pure-play AI acquisition in Europe. Sarlin attributes this success to a contrarian philosophy that prioritized functional machine learning over hype while hiring primarily from academia, resulting in a workforce of over 220 AI scientists before the strategic sale. Beyond this specific case study, Sarlin highlights that the fragmentation of the European single market remains the primary barrier preventing regional startups from scaling into trillion-dollar enterprises, forcing founders to adopt a global-first strategy despite Europe's strengths in industrial AI applications.

  5. RAISE Summit23 min

    Alex Ratner, CEO & Co-Founder, Snorkel AI: Data Centric AI in the Agentic Era

    Alex Ratner

    Alex, co-founder of Snorkel.ai, argues that specialized agentic systems require robust evaluation benchmarks composed of prompt datasets, rubrics, and verifiers to serve as functional product requirements. His company provides data operations platforms to major US banks and federal agencies while demonstrating that custom-trained models using programmatic evaluators can outperform GPT-4 on complex insurance underwriting tasks. This approach establishes high-quality data and verification logic as the foundational prerequisites for optimizing Reinforcement Learning in enterprise environments.

  6. RAISE Summit16 min

    Dr. Ilya Burkov (Nebius): Powering Next‑Gen Biotech Research with High‑Performance AI and Cloud GPUs

    Dr. Ilya Burkov

    Nebius, a vertically integrated Dutch cloud provider, leverages its unique pay-as-you-go infrastructure and top-tier supercomputer ranking to support biotech and healthcare firms in overcoming hardware bottlenecks. The platform enables critical advancements in drug discovery and radiology diagnostics for organizations like Converge Bio and Simulacra AI, which achieved significant accuracy gains and speedups over hyperscaler alternatives by utilizing on-demand H100 GPU capacity. Looking toward 2025, the company aims to expand its global footprint by integrating agentic AI and multi-omics data processing to address workforce shortages and accelerate time-to-market for new treatments.

  7. RAISE Summit37 min

    OVH Cloud, ClickHouse, Neon, Aiven, Airbyte & Commit: Open Software Infrastructure 2.0

    Abel, German, Oskari, Heike, Michel, Alexei, Francois Beaufort

    Executives from Aiven, Neon, Airbyte, ClickHouse, and OVHcloud converged to discuss how open-source data platforms are securing $10 billion in combined valuations while addressing enterprise needs for data sovereignty and interoperability. The panel detailed how the AI boom is driving a shift from human-led development to agentic provisioning, creating demand for storage-centric architectures that support short-lived, unstructured data workloads. Looking ahead, industry leaders predict a five-year trajectory where hundreds of millions of citizen developers leverage commoditized AI to compress development cycles, necessitating hybrid infrastructure strategies that balance local model execution with scalable cloud data management.

  8. RAISE Summit9 min

    Yuri Frayman, Co-Founder & CEO, Cast AI: Robots Will Feed the World… If We Build the Rails

    Yuri Frayman

    SoftBank Vision Fund portfolio companies are constructing the physical infrastructure necessary to transition AI from knowledge work into the global economy, aiming to replicate the prosperity seen with previous industrial revolutions. While addressing critical constraints in energy and compute, these initiatives prioritize workforce re-education and decentralized, open-source architectures to navigate regulatory fragmentation and ensure fair access against well-funded commercial labs. The deployment of large-scale, cloud-agnostic inference networks over the next decade will ultimately determine which entities successfully harness this AI abundance.

  9. RAISE Summit40 min

    Alix, SAP, Daytona, Feedly, Prosus & Handelsblatt: The Future Agentic AI & Autonomous Workflows

    Alix, Edwin Kodabachan, Paul Van der Boor, Alexander Maisor, Emmanuel Casimates, Ivan Bourazin

    Experts at a recent industry gathering defined Agentic AI as a shift from simple request-response models to autonomous systems capable of multi-step planning, emphasizing that security and governance remain critical barriers requiring strict human oversight. SAP and other leaders proposed frameworks like "agentic quality controls" and locally hosted environments to manage agent identities and comply with regulations, while anticipating a workforce evolution where humans supervise "digital teammates" rather than performing manual tasks. Despite concerns over the hype cycle, participants agreed that organizations with mature data and processes will soon leverage these tools to exponentially increase productivity, provided they implement robust guardrails to direct this technological capability toward tangible business value.

  10. RAISE Summit20 min

    Karl Havard, COO, Nscale on 3 Things Sovereign AI Must Deliver: Control, Compliance, and Growth

    Karl Havard, Carl

    Carl, CCO of Nscale, defines "sovereign AI" as a full-stack alternative to US hyperscalers that integrates energy generation, data center construction, and model hosting to ensure total infrastructure control. Geopolitical instability and US legislative threats, such as the Patriot Act and potential tariffs, are driving European governments to adopt this "Sovereign First" model to secure data compliance and economic growth through localized "AI Growth Zones." By coordinating renewable energy surpluses with high-density AI hardware requirements, this strategy aims to retain domestic research talent and bypass the physical and legal vulnerabilities of reliance on foreign cloud providers.

  11. RAISE Summit17 min

    A fireside Chat with Ramin Hasani, Co-Founder & CEO of Liquid AI ft. Robert Cahill (Enhance Venture)

    Ramin Hasani, Robert Cahill

    Liquid AI, an MIT spin-off founded by Ramin Hassani, is deploying a unique full-stack foundation model platform that utilizes biologically inspired Liquid Neural Networks to run generative AI directly on edge devices. This architecture achieves linear scaling rather than the quadratic costs of standard Transformers, enabling powerful on-device intelligence in resource-constrained hardware like smartphones and satellites without relying on data centers. Positioned as a specialized "gatekeeper" alongside massive cloud-based Oracles, the Boston-based company targets a projected $1 trillion on-device AI market by 2035 with applications spanning consumer electronics, automotive, and aerospace sectors.

  12. RAISE Summit20 min

    SQORUS & Oracle: How AI is transforming step by step our industries. Use cases by ONET

    Cyril Grira, Geoffrey, Gaurit Champenois, Romain Guyettremotier

    Oracle, Skorus, and ONET Airport Services unveiled a comprehensive digital transformation at a 40th-anniversary celebration that leverages Oracle Cloud Infrastructure to reduce annual baggage losses by 25%. Led by Cyril Grira of Oracle, Geoffrey of Skorus, and ONET CIO Guillaume de Montessu, the project utilizes Autonomous Database 23ai, AI-powered vision services, and generative AI to shift operations from rigid timing-based SLAs to value-driven, real-time decision-making. Future initiatives plan to advance this system toward autonomous mission assignment and augmented reality interfaces to further optimize ground service productivity across Charles de Gaulle and other major hubs.

  13. RAISE Summit37 min

    Fractile AI, Rogo, Scribble VC, San Francisco Compute: The AI Trillion-Dollar Opportunity

    Eric Manisse, Elizabeth Weill, Walter Goodwin, John Willett

    San Francisco Compute CEO Eric Manisse, Scribble Ventures' Elizabeth Weill, and founders Walter Goodwin and John Willett convened to analyze strategies for scaling AI infrastructure, hardware, and enterprise solutions amidst rapid technological evolution. The panel detailed critical operational frameworks, including balancing hardware development timelines with software agility, mitigating hallucination risks in financial applications, and proactively shaping export control regulations rather than merely complying with them. Experts concluded that long-term success in this sector relies on specialized human expertise for deep tech, the creation of durable data moats, and a shift toward treating global compute as a utility to drive the next industrial revolution.

  14. RAISE Summit39 min

    Data Overload into Actionable Gold: AI’s Rescue Mission for Enterprises Tackling Unstructured Data

    Nassime Reyholt, Victoria, Samuel Cohen, Harry Folliter, Robert, Alonzo Garcia

    Representatives from Doctolib, Databricks, Alorica, Fergen, and Blackbox AI convened to discuss the critical transition from structured legacy systems to leveraging unstructured data for enterprise decision-making. The panel emphasized that successful AI deployment requires strict governance, real-time evaluation frameworks, and the use of synthetic data to ensure agents can reliably execute tasks without the 80% pilot failure rate common in the industry. By prioritizing data intelligence over model architecture, these leaders outlined a roadmap for moving from experimental playground agents to autonomous systems that self-correct in live production environments.

  15. RAISE Summit21 min

    Fireside Chat with George Robson, Partner @ Sequoia & Felix Blossier, Co-Founder & COO @ Pennylane

    George Robson, Felix Blossier

    Penny Lane, founded by seven entrepreneurs after the Price Match acquisition, transitioned from a service-led hybrid model to a pure software platform designed to empower SMB accountants through AI-driven co-pilot tools rather than automation. The company navigates the complex regulatory landscapes of Continental Europe, particularly France and Germany, by leveraging a business rule management system that allows non-engineers to manage compliance updates without code changes. With a recruitment strategy prioritizing curiosity and domain expertise over experience, Penny Lane aims to scale its all-in-one bookkeeping and tax solution across Europe despite the severe scarcity of local accounting talent.