Douwe Kiela is the cofounder and CEO of Contextual AI, where they are building the next generation of foundation models that provide fully customizable, trustworthy, and privacy-aware AI. He is also an Adjunct Professor at Stanford. He was previously the Head of Research at Hugging Face and a research scientist at Meta. He has a PhD in Computer Science from the University of Cambridge. In this episode, we cover a range of topics including: - Open source vs closed source AI - White House's Executive Order on AI - Enterprise needs when it comes to LLMs - The founding of Contextual AI - What does RAG 2.0 look like for LLMs - Large foundation models vs smaller specialist models - Do Big tech companies have an unassailable lead in AI? - Size of the data vs size of the model. What is more important and why? - How will the AI compute market shape up? Douwe's favorite books: - The Lord of the Rings trilogy (Author: J.R.R. Tolkien)- The Count of Monte Cristo (Author: Alexandre Dumas)- Amp It Up (Author: Frank Slootman)--------Where to find Prateek Joshi: Newsletter: https://prateekjoshi.substack.com Website: https://prateekj.com LinkedIn: https://www.linkedin.com/in/prateek-joshi-91047b19 Twitter: https://twitter.com/prateekvjoshi