For two straight quarters, deal activity in artificial intelligence has hit record highs. Dennis Mortensen is one of the biggest winners in all the craze. His startup x.ai is the creator of Amy Ingram, an AI-driven personal assistant that can schedule meetings for you. After testing Amy in beta for two years, Mortensen announced last week $23 million in Series B funding to bring Amy to market. In an interview, I chatted with Mortensen about the differences between Amy and Siri, the fundraising market right now and the future of AI. Edited excerpts: Caroline Fairchild: Why all the AI hype right now? Dennis Mortensen: AI used to be for academia only and decades-long research. We thought one day we might wake up and have this oracle or human-level AI which we could converse with. We have realized this might not happen, but we might be able to create these specialized or "verticalized" AI tools where we can build AI to do one thing really well. It could be Amy scheduling...
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