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From day one, our startup has leveraged Machine Learning and Data Science. But 24 months ago, the birth of Large Language Models (LLMs) catapulted AI into human consciousness.
Most of us have now had that "Wow! moment"—the experience that stopped us in our tracks. Maybe you wrote a poem with AI that moved a loved one to tears, generated a hilarious image for a friend, or had it draft a perfectly worded email to a colleague. Whatever hooked you, the point is, you're hooked.
This shift in awareness presented an incredible opportunity for our company to deepen AI integration. Today, we use AI in four major ways:
AI helps us with everyday queries, like:
"How long should I smoke a chicken at 225 degrees?"
AI assists in workflow automation:
"Generate a lead list and send LinkedIn requests."
AI makes quick work of technical tweaks:
"Change the font on our platform to Arial."
AI enhances the customer experience:
"I'm investing overseas—can my FX risk be managed?"
Watching our team fully embrace AI has been a joy. It has benefited them personally and professionally, and most importantly, it has enhanced our clients' experience. But before we got here, we had to overcome some significant hurdles.
Without an official policy, some team members hesitated to adopt AI. We needed clear guidelines on what "safe usage" meant so everyone could confidently experiment and innovate.
Not everyone immediately saw how different types of AI could enhance their daily tasks. LLMs and AI tools vary in capability, and it wasn't always obvious which ones had the biggest impact on internal workflows and client experiences.
Our team couldn't always see how AI would shape the future of our product, and our clients hadn't had the opportunity to explore the possibilities like we had. Bridging this gap was crucial to adoption.
The AI user eXperience (AIX) still has a long way to go. The industry is overly reliant on chat interfaces. We believe the future is a hybrid of chat, client data, and dashboards—delivering intuitive insights tailored to each user.
We embraced AI with an official policy, shared best practices, and ensured safe experimentation. This eliminated hesitation and encouraged innovation.
We provided access to LLMs and trained the team on how to use them. More importantly, we encouraged everyone to explore AI tools that specifically improved their job performance.
To demonstrate our AI vision, we developed an FX assistant—giving the team a tangible example of how AI would shape our product’s future. This provided the context and mission they needed to build in the same direction.
We overhauled both the front and back end of our platform, ensuring AI integration was seamless, intuitive, and truly valuable for our clients. Our vision of a hybrid AIX—combining chat, client data, and dashboards—is now taking shape.
Integrating AI into an existing startup isn't just about adding new tools—it’s about fostering a mindset shift. By addressing policy concerns, educating the team, and redesigning our product experience, we’ve successfully embedded AI into our DNA.
For startups looking to integrate AI, the key is to embrace change, iterate quickly, and ensure every AI implementation directly benefits both your team and your clients. If you do that, the rewards are immense.
Are you integrating AI into your startup? What challenges have you faced? Let's discuss in the comments!
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Prakash Bhudia HOD – Product & Growth at Deriv
13 March
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12 March
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