Enabling Business Evolution with Generative AI: Insights from Cory Janssen

In the ever-evolving landscape of business, the integration of Generative AI stands as a transformative catalyst. From reshaping operational paradigms to addressing intricate challenges, the journey with Generative AI heralds a new era of innovation and strategic evolution.

This week we have the Co-Founder and CEO of AltaML, Cory Janssen. Cory is a visionary entrepreneur and co-founder of Investopedia, a pioneering financial education site established in 1999. Under his leadership, Investopedia became a go-to resource for individual investors, gaining widespread popularity and ultimately being acquired by Forbes Media in 2007. Beyond his successful ventures, Cory has played a pivotal role in fostering entrepreneurship, serving as the past-President of the Edmonton chapter for Entrepreneur’s Organization (EO). Actively engaged in the Alberta entrepreneurial community, he contributes as a member of the A100, participates in the Venture Mentoring Service (VMS) program at the University of Alberta, and serves as an associate for Creative Destruction Labs (CDL) Rockies. Cory's influence extends to various board roles, including Brace Tool, a leading private oilfield tools company, the Canadian Brewhouse, a private restaurant chain, and Edmonton Global, a novel economic development corporation owned by municipalities in the Edmonton region.

AIM: Could you provide us with a brief overview of your company's perspective on AI before we delve into the evolution of businesses in the Gen AI era and its impact?

Cory Janssen: I think we've got a bit of a contrarian bet in terms of the space where a lot of the venture money has gone into. We see this repeatable pattern where there's a massive seed round or some significant capital that comes in. The organization often doesn't get enough traction in terms of a unique edge in data and those workflows. All of a sudden, they kind of become a platform or try to pivot to that to save the investment.