Examples of vertical AI

Stripe's annual letter is to new technology businesses what O'Reilly's critter books were to programming languages in late 90s.

Here’s what Stripe has to say about the AI economy:

We’re seeing an AI boom on Stripe. We are partnered with a large number of companies with rapidly growing businesses including OpenAI, Anthropic, Suno, Perplexity… and countless others that aren’t yet household names…

Much as SaaS started horizontal and then went vertical (first Salesforce and then Toast), we’re seeing a similar dynamic playing out in AI: we started with ChatGPT, but are now seeing a proliferation of industry specific tools… Examples in this vein include Abridge, Nabla and DeepScribe, which are rethinking medical and patient care, while is reshaping how real estate businesses market property.

I don’t know the details of how these companies are approaching their vertical, but it probably involves RAG (discussed earlier) where some specific information is pulled and appended to the prompt before submitting it to the model.

We’ll look into some specific RAG architectures tomorrow.