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Matthew Fitzpatrick, a senior partner at McKinsey, is leaving to become CEO of Invisible Technologies, a company specializing in AI training. Fitzpatrick previously led QuantumBlack Labs, where he developed AI tools and software for various companies. Invisible Technologies, valued at $500 million, focuses on data pre-training and refining AI models for businesses.
Fitzpatrick aims to help companies effectively integrate AI into their operations, addressing the challenge of low production rates for AI models. He emphasizes the importance of maintaining quality while scaling the company's services. Fitzpatrick's transition highlights the growing demand for AI expertise and the critical role of companies like Invisible Technologies in the evolving AI landscape.
• Matthew Fitzpatrick transitions from McKinsey to lead Invisible Technologies.
• Invisible Technologies focuses on AI training and model refinement.
AI training involves preparing data and models for effective machine learning applications.
Data pre-training is the initial phase of training large language models for AI applications.
Model refinement enhances AI models post-training to improve their performance in real-world applications.
Invisible Technologies specializes in AI training and model refinement, crucial for businesses adopting AI.
McKinsey is a global consulting firm that has developed AI tools through its QuantumBlack Labs division.
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