While much of the venture world has hit a reset in 2023, you’d never know that in artificial intelligence, where fire marshals are shutting down crammed engineering meetups and startups are once again raising at eye-watering valuations. Why the excitement? Because for founders, technologists and VCs, it feels like the everlasting promise of AI dating back to the 1950s and 1960s is finally on the cusp of being realized with the training and deployment of large language models like GPT-3.

To hear about what’s happening on the frontlines of this frenetic field, Lux Capital partner Grace Isford joins “Securities” host Danny Crichton to talk about what she’s seeing in 2023 across the AI tech landscape.

We talk about her impressions at the recent AI Film Festival in New York City hosted by Lux’s portfolio company Runway, how developers are being empowered with new technologies in Python and TypeScript and why that matters, and finally, how the big tech giants like Microsoft, Google and Amazon are carefully playing their cards in the ferocious competition to lead the next generation of AI cloud infrastructure.