3 Things To Do When Pivoting

Being an entrepreneur is hard, and the reason for this is the daily choices entrepreneurs have to make. There’s a lot of talk about being passionate about what you do as an entrepreneur. While this is true, becoming a successful entrepreneur is not all about doing what you like or are passionate about but what you do not like as well.

Qichao Hu, or Dr Hu, is the founder and CEO of SES AI, a company that develops and manufactures Lithium-Metal batteries with the help of AI. His work is impressive, no doubt about that, but what entrepreneurs may find fascinating and even learn from is his immense experience in pivoting.

Moving from academia to entrepreneurship and again transitioning his company from a traditional battery manufacturer to a more innovative AI-driven company has taught him many lessons. The first is that if you want to pivot, then do it fast. But there is more.

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1.

Let go of emotional attachments

Pivoting is not easy and would often demands emotional detachment. Letting go of established relationships, past successes, key company personnel, and sometimes, letting go of one’s dream idea of the company are all part of the journey.

2

Don’t sacrifice quality

Pivoting shouldn’t be done at the expense of your products, which is the reason you’re in business. Hu learned this lesson from the fall of A123 Systems, an American Lithium-ion battery manufacturer, once a leader in the industry. The company built massive facilities and hired thousands of employees in the space of three months, but while focusing on growth, the company neglected the core aspect of its business, the PRODUCTS. This eventually led to its fall.

3

Leveraging new technologies when pivoting

With the help of technology, you can do in two years what will usually take 5 years to achieve. Take SES AI, for example, the traditional process of validating a new battery chemistry can take over a decade due to rigorous safety and performance testing. However, the company can accelerate the process using AI models to predict battery behavior over time. This saves time and cost while improving efficiency, a win-win for everyone.

The Smartest AI On Earth

The AI race is heating up; I dare say we now see a new AI every other week, especially from Chinese companies. OpenAI, which in this case happens to be the challenger, is having to fight for its spot as the most advanced AI. So far, it has managed to clinch the number 1 spot, considering the security issues trailing Chinese AI companies. However, that position is again being contended by no other but Grok.

Launched in 2023 by Elon Musk, who also co-founded OpenAI, Grok is Musk’s answer to the threat that faces humanity if AI is not constrained. Initially called TruthGpt, the name was later changed to Grok, and yesterday, we saw the launch of Grok-3, a fully functioning model of AI made available to the public.

Although the launch was only a few hours ago, most users already ran the benchmarks, comparing Grok to other generative AI models out there. As for the results, I’d say we have to take Musk for his word when he said Grok is the “Smartest AI on Earth”

Tweets like the one you see above have been circulating online, attesting to the fact that Grok-3 is indeed what Musk claims it is.

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If you missed the launch, here are key features you should know of;

1. Advanced Reasoning and Problem-Solving Capabilities: Able to solve complex problems in mathematics, physics, and programming. Self-correcting abilities for error analysis and debugging.

2. Enhanced Creativity: Can generate new games by blending different elements (e.g., combining Tetris and Bejeweled). Produces advanced code solutions for physics simulations, such as modeling an interplanetary journey from Earth to Mars.

3. DeepSearch: An advanced search engine that aggregates information from multiple sources, verifies accuracy, and provides comprehensive AI-driven answers.

4. Big Brain Mode: Uses additional computational power for deeper reasoning and more precise solutions.

5. Small Model Enhancements: Grok 3 Mini offers a robust experience even on devices with limited resources.

   (Courtesy: @Twiterx_non)

Click the link below if you’d like to watch the full video of the launch.