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AI Challenge: Business Blueprint for Rapid & Smart AI Adoption

As a serial entrepreneur, Mike Collins has lived through the seismic impacts of several new technologies. He believes AI has the potential to be the most disruptive technology of all. Beyond profound benefits to company operations in terms of productivity, scalability, insight, and accuracy, this revolution can also benefit employees. Workers who embrace AI technology will expand their skill sets, reduce tedious and repetitive work, and reclaim more of their time for higher-function tasks. The challenge: how to introduce this technology to his company? Collins decided on an intense, company-wide initiative to rapidly educate and motivate his employees: AV’s AI Challenge, an internal competition to incubate the most effective AI applications. Here’s how it worked.


About Alumni Ventures
Alumni Ventures offers accredited individuals access to professional-grade venture capital — a key asset class missing from the portfolios of many sophisticated investors. Since 2014, AV has raised more than $1.1 billion across 30+ Alumni and Focused Funds, serving a growing network of 9,000+ investors and 600,000+ community members. AV evaluates hundreds of investment opportunities every year and has backed 1,100+ unique portfolio companies. According to PitchBook, AV is the most active VC firm in the U.S. and the third most active firm globally. AV funds are private, for-profit, and not affiliated with or sanctioned by any school. For more information, visit av.vc.

Scott Murphy
Director, Communications Editorial
Alumni Ventures
670 N. Commercial Street, Suite 403, Manchester, NH 03101
Email: scott@av.vc