Konstantine Buhler

Thank you, Francine.

Well, it's an exciting new partnership.

We were with Jensen Huang this morning, and the relationship between NVIDIA and OpenAI goes back a long way.

In fact, we were talking about how their very first AI factory, the DGX1, was delivered to OpenAI back in 2016 to Elon Musk actually at the Sequoia offices.

And so it's just a reminder that all of this AI revolution is powered by really impressive hardware.

Of course, so agentic AI is AI that doesn't just make a decision, it actually takes an action on it.

And we are now in the moment where it's really starting to make a difference in workflows.

I'll give a couple examples.

One is actually for AI security.

We're investors in a company called Expo that started off trying to find vulnerabilities in software and now ranks number one in the world on global vulnerability leaderboards for finding vulnerabilities and fixing them for the good guys.

Another example.

Well, we only actually service companies that have shown that we're finding vulnerabilities on their own platforms.

So it's for companies that have been approved and gone through the vetting.

So another example is our portfolio company, Harvey, which is actually helping lawyers to actually complete their work faster.

They're now at over 700 customers in 58 countries.

But just to make it very real, my sister is a general counsel at a tech company, and she texted me a couple weekends ago, and she said, Harvey just saved my Friday night.

And I said, what do you mean?

She said, well, I got a contract from my CEO.

Usually it would take three, three and a half hours to turn it over.

Used Harvey, got it done in 30 minutes.