Square Peg aims for the AI sweet spot with latest pick

"When we met with the [Deci] team we found they were able to help companies, especially at the junction between training the data on deployment and deploying the models into production, there's so much pain at that junction and this company really helps close that gap." Square Peg has made several investments in the field like radiology AI startup Aidoc and has seen portfolio companies like weather forecasting startup ClimaCell increasingly use AI models. "It's very much in our sweet spot," Mr Schwartz said. "We are pretty much focused on, Australia, New Zealand Israel and Southeast Asia, so it fits our geographic purpose, and the size of the company... it's at the early stage of its commercialisation, it's pre-revenue or early revenue and beginning (to get) commercial traction, so all that fits pretty well with us." Mr Geifman said Deci was working to make AI more accessible for more companies.