113. Beyond Venture Capital: How the Government is Investing in Innovation

[Editor’s Note:  Regular readers of the Mad Scientist Laboratory understand the transformative potential of Large Language Models (LLMs) and Artificial Intelligence (AI) have on the character of warfare — for a comprehensive list of previously published blog posts and podcasts exploring the potential application of these technologies across the Operational Environment, scroll to the bottom of this post and explore the content associated with each of the associated links. Today’s The Convergence podcast features two senior leaders from In-Q-Tel (IQT) discussing how their not-for-profit company is accelerating the introduction of groundbreaking technologies to facilitate innovation within the Department of Defense (DoD) and the Intelligence Community (IC), enhancing the national security and prosperity of the United States and its Allies — Enjoy!] Murali Kannan leads Enterprise Technologies at In-Q-Tel (IQT) as Vice President and Practice Lead, where he directs investment strategy for enterprise data infrastructure, generative AI applications, and AI-enabled vertical solutions. Working closely with venture partners and government stakeholders, he identifies and invests in innovative startups addressing critical national security challenges for the U.S. and allied intelligence and national security communities. Prior to joining IQT, Murali built his expertise at Accenture, Mythics, and GDIT, where he spearheaded teams delivering transformative data analytics initiatives across commercial and government sectors. His educational background combines business acumen with technical expertise, including an MBA from MIT Sloan, a Master’s from Northeastern, specialized certifications from Georgetown and Columbia, and leadership training from Harvard Business School. Coley Lewis’ career at IQT spans over 10 years and he has served in various capacities over his tenure. He currently serves as Vice President of Growth Partnerships, where he leads a team responsible for the identification, development, and execution of new partnerships within the national security community. Coley sets the growth strategy for IQT and works across IQT teams to successfully onboard new partners and maximize impact to mission. Prior to joining IQT, Coley was the Senior Policy & Management Analyst for the United States District Court for the Eastern District of Missouri (USDC-MOED), where he led data analytics for the Clerk’s Office, particularly the collection, analysis, and reporting of judicial business.  Lewis holds a bachelor’s degree in history from Truman State University and a master’s degree in public administration from Saint Louis University. In our latest episode of The Convergence podcast, Army Mad Scientist sits down with Messrs. Kannan and Lewis to discuss IQT’s mission and history, explore how it is helping the Government foster innovation, and obtain their insights regarding the boom of LLMs permeating the Federal Government.  The following bullet points highlight key insights from our conversation. In-Q-Tel fills a critical gap by investing in start-up companies that develop cutting-edge AI technology tailored for public-sector use cases. Public-private partnerships are critical to the DoD’s ability to fully utilize emerging technologies.    AI is improving at an incredible rate. The time between research and implementation of new AI products...