Matt Turck is Managing Director at FirstMark Capital. He discloses FirstMark's investment in enterprise AI company Hyperscience.
Assertion Not checkable as stated
Turck: Deep learning's resurgence required big data and NVIDIA GPUs
“Deep learning for the most part was really developed by some, you know, particularly forward-thinking researchers like, you know, you have a con, Jeff Hinton, that, that, that group, and it's really only up until recently when those algorithms intersected with…”
Insight
Turck: Big data culture applies to all companies, not just tech giants
“As every company is becoming a technology company there's an ever increasing amount of data that's available to them that can be analyzed. So there's an opportunity to develop a very powerful data-driven culture and be much smarter about one's business. And Th…”
Assertion Not checkable as stated
Turck: Big data is entering its enterprise production phase in 2016
“I think that we actually just entering truly interesting part of big data. I think everything so far, and it's been years in the making, has been about the early stage of creation of tools, of creation of companies, startups, of experimentation, and we're just…”
Assertion Not checkable as stated
Turck: Spark Made Real-Time Massive Data Processing Possible
“What those guys are doing would simply not have been possible to do up until, you know, two or three years ago when the emergence of frameworks like Spark made possible, what was an alibi, it became possible to be processing You know, there's massive amounts o…”
Prediction Not checkable as stated
Matt Turck: Big Data consolidation will not happen anytime soon at scale
“So eventually the industry will presumably consolidate. Every industry at some point consolidates. But my sense is that it's not happening anytime soon. It's certainly not at scale.”
Insight
Turck: Building a one-stop Big Data platform via acquisitions is prohibitively expensive
“It would be extremely expensive for a large vendor to acquire enough companies to offer one-stop shop.”