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We welcome the former Morgan Stanley Vice Chairman to this pivotal role.
And the announcements keep coming! We are thrilled to share the appointment of Thomas Richard Nides, former United States Ambassador to Israel, as an independent member of AI21's Board of Advisors.
In his role, Nides will provide guidance on AI21's continued expansion into the North American enterprise market, drawing on his extensive experience in finance and public policy. He most recently served a two-year tenure as Ambassador to Israel before returning to the private sector.
Tom Nides brings over a decade of leadership experience at Morgan Stanley, including as Chief Operating Officer, Managing Director and Vice Chairman. There, he focused on firm-wide operations and global client relationships.
"With so many voices in the generative AI space, many companies are looking to stand out. AI21 goes beyond the initial AI hype to create reliable and scalable tools for real-world applications," said Nides. "I am looking forward to bringing a unique perspective to the executive board as AI21 helps our customers and partners advance using state-of-the-art large language models."
This appointment is a testament to the interest that large US enterprises in the financial sector have shown in AI21’s easily-integratable LLM-based solutions, which include both developer tools for constructing NLP applications and end-user tools for reading and writing via Wordtune. Combined with its already strong existing US partnerships and the large total addressable market for generative AI, the company is continuing to move forward with expansion in the US.
"For an enterprise to take large language models beyond the experimentation phase and into mass deployment, they must be not only accurate, but also able to accomplish tasks specific to many different markets, including the financial sector," said Ori Goshen, co-CEO and co-founder of AI21. "As we continue to innovate and provide the best in industry generative AI solutions, we are excited to welcome Tom to our executive board, where he will bring a unique US perspective into the financial sector, allowing us to better understand and serve our customers in these new markets.”
