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Showing posts with the label deep-domain

Why Kirkland & Ellis is Building Instead of Buying

In June, I wrote about why AI training had moved inside the enterprise : the open web has run dry of the cognitive density frontier models now need, and the next phase of the Applied-AI race would be won on access to human tacit knowledge, not public data. I said the leading tech vendors had already restructured to capture it. What I didn't have yet was a single, undeniable proof point of a professional services firm making the same bet with its own money. Now I do. Kirkland & Ellis, the world's highest-grossing law firm, is spending roughly $500 million of its own revenue over the next three to four years building proprietary AI systems it will own outright. A meaningful piece of that is a co-built platform with Palantir called the Fund Formation Engine, designed to run private-equity fund documentation, side-letter drafting, and obligation tracking across Kirkland's fund-formation practice. Kirkland didn't pick Palantir for its model. It picked Palantir for its on...

The Board of Directors Generative AI Vision

As stewards of your long-term competitiveness, are you boldly harnessing the artificial intelligence (AI) potential as a strategic catalyst for superior digital business growth? In an era of modern commercial disruption, harnessing AI technology is rapidly becoming the defining factor separating bold industry leaders from the fearful global market laggards. AI is a quintessential technology that, like past shifts such as the internet and cloud, will unlock transformational opportunities across every sector. For enterprises, strategically capitalizing on AI has become an imperative for reinvigorating competitiveness. While many companies have initiated AI pilot projects and limited use cases, haphazard and siloed efforts will not suffice. Boards must aspire for more -- catalyzing an enterprise-wide embrace of AI to reinvent their core business and uncover game-changing innovations. Realizing this vision requires AI leadership to extend from corporate strategy to ethical governance. It i...