Part 7/14:
While Palunteer benefits from the AI hype—especially since the advent of generative AI—its core technology is not primarily about creating new AI models. Instead, its innovation lies in organizing and structuring data effectively, a critical resource increasingly valuable as AI models become commoditized.
In an interview, CEO Alex Karp emphasized that Palunteer operates in the "ontology" space, which he equates to creating detailed maps of organizational data. These maps enable businesses and governments to implement retrieval-augmented generation (RAG)—a technique where AI models retrieve specific data points before generating responses. This approach vastly improves accuracy and relevance compared to raw AI guessing.