Madrona Venture Group: AI strategy and app innovation [Video]

The investment strategy for the Madrona Venture Group is described by the maxim “day one for the long run.” This has been the firm’s guiding principle in its funding for artificial intelligence startups and it has shaped its view of intelligent applications as well.

“At Madrona, we’ve been investing in AI startups in one way, shape or form for over a decade now,” said Soma Somasegar (pictured, right), managing director at Madrona Venture Group. “Way back in 2015 is when we first coined this terminology, intelligent applications. We think that every application moving forward is going to be an intelligent application. By extension, if an application is no longer an intelligent application or doesn’t think about how to become an intelligent application, we think it’s on its way to death.”

Somasegar spoke with theCUBE research analysts Dave Vellante (left) and George Gilbert(center), in the latest episode of “The Road to Intelligent Data Apps,” theCUBE’s continuing conversation about the Sixth Data Platform, an emerging framework …