Who is Illia Polosukhin?

Illia Polosukhin is a Ukrainian AI researcher and philanthropist whose passions are machine intelligence, natural language, and making the world a better place with data, software, and blockchain.

Education and early career

Polosukhin earned his Master’s in Applied Math and Computer Science from the Kharkiv Polytechnic Institute. He then moved to the United States and joined Salford Systems as a software developer in 2008.

Salford Systems, now Minitab, provides companies with a suite of tools to spot trends, solve problems, and derive valuable insights from big data. According to his LinkedIn profile, Polosukhin worked on predictive analytics, text and geo mining, and the refinement of the company’s predictive miner toolkit.

Google Research

After six years with Salford Systems, Polosukhin joined Google Research in January 2014 and became an engineering manager in less than twelve months.

At Google, he was a major contributor to the TensorFlow machine learning framework with a core focus on the Super Kernel Flow Network (SKFlow) architecture.

Polosukhin also led a team that built out the question-answering capabilities of the company’s search engine and was one of the co-authors of the 2017 paper Attention Is All You Need. 

While he would author many other important papers that advanced AI science, Polosukhin felt that he could do more. In an interview with CoinDesk, he described his situation at the time: “Google has a lot of benefits, and it’s a great place to learn, but it moves really slowly. I wanted to move faster. I wanted to build a start-up.

Near.ai

Polosukhin co-founded Near.ai with Alexander Skidanov in 2017. The company was focused on AI initially, but the pair found commercialization difficult without access to the capital to buy expensive hardware to train models.

What the company did have was a crowdsourcing system that enabled Polosukhin to connect with (and source) computer science students around the world. But it was difficult to pay them for their work via Ethereum, so the pair devised a more cost-effective way to send transactions.

Near.ai then became known as Near Protocol, a proof-of-stake blockchain that is simple, secure, and scalable. The company has since expanded its mission to build an open web ecosystem where people control their own assets, data, and power of governance. 

Near is now a prominent blockchain protocol with around 25 million accounts, 450,000 daily transactions, and a vibrant ecosystem of dApps and projects. 

FTX collapse and Unchain Fund

After the $32 billion collapse of FTX and the associated fall from grace of founder Sam Bankman-Fried, there was much discussion about the merits of cryptocurrency.

But Polosukhin remained firm in his belief that decentralization was the answer and that the FTX collapse was a human failure. “There was nothing decentralized or transparent about Sam Bankman-Fried’s FTX empire. In reality, FTX bears a lot more resemblance to the overleveraged institutions that failed in 2008 than it does to what most of the blockchain industry is building.

To show further support for centralized platforms and blockchain, Polosukhin established the Unchain Fund to help those affected by the conflict in Ukraine. At last count, the foundation has raised almost $10 million in its mission to harness the power of blockchain for human benefit.

Key takeaways:

  • Illia Polosukhin is a Ukrainian AI researcher and philanthropist whose passions are machine intelligence, natural language, and making the world a better place with data, software, and blockchain.
  • Polosukhin joined Google Research in January 2014 and became an engineering manager in less than twelve months. He was a major contributor to the TensorFlow machine learning framework with a core focus on the Super Kernel Flow Network (SKFlow) architecture
  • Polosukhin co-founded Near.ai with Alexander Skidanov in 2017. The company was focused on AI initially, but found commercialization difficult and later transitioned to a proof-of-stake blockchain and Web3 platform ecosystem.

Timeline

  • Illia Polosukhin’s Background: Illia Polosukhin is a Ukrainian AI researcher and philanthropist with a passion for machine intelligence, natural language processing, and using data, software, and blockchain to improve the world.
  • Education and Early Career: Polosukhin earned his Master’s in Applied Math and Computer Science from the Kharkiv Polytechnic Institute. He then worked as a software developer at Salford Systems, now Minitab, where he focused on predictive analytics, text and geo mining, and refining the company’s predictive miner toolkit.
  • Contributions at Google Research: In 2014, Polosukhin joined Google Research and quickly became an engineering manager. He played a significant role in developing the TensorFlow machine learning framework, particularly in the Super Kernel Flow Network (SKFlow) architecture. He also led a team working on question-answering capabilities for Google’s search engine and co-authored the influential 2017 paper “Attention Is All You Need.”
  • Co-Founding Near.ai and Near Protocol: In 2017, Polosukhin co-founded Near.ai with Alexander Skidanov, initially focusing on AI. However, commercialization challenges led the company to transition into Near Protocol, a proof-of-stake blockchain aiming to create a simple, secure, and scalable open web ecosystem where people control their assets, data, and governance.
  • Near Protocol’s Growth: Near Protocol has grown into a prominent blockchain protocol with a sizable user base, daily transactions, and a vibrant ecosystem of decentralized applications (dApps) and projects.
  • Unchain Fund and Philanthropy: Polosukhin established the Unchain Fund to leverage blockchain technology for human benefit and support those affected by the conflict in Ukraine. The foundation has raised nearly $10 million to support its mission.
  • Belief in Decentralization: Despite the FTX collapse, Polosukhin remains a strong advocate for decentralization and believes that blockchain technology can play a crucial role in building a more transparent and equitable world. He contrasts decentralized platforms like Near Protocol with centralized institutions that have caused failures in the past.

Read Next: History of OpenAI, Who Owns OpenAI, AI Business Models, AI Economy.

Connected Business Model Analyses

AI Paradigm

current-AI-paradigm

Pre-Training

pre-training

Large Language Models

large-language-models-llms
Large language models (LLMs) are AI tools that can read, summarize, and translate text. This enables them to predict words and craft sentences that reflect how humans write and speak.

Generative Models

generative-models

Prompt Engineering

prompt-engineering
Prompt engineering is a natural language processing (NLP) concept that involves discovering inputs that yield desirable or useful results. Like most processes, the quality of the inputs determines the quality of the outputs in prompt engineering. Designing effective prompts increases the likelihood that the model will return a response that is both favorable and contextual. Developed by OpenAI, the CLIP (Contrastive Language-Image Pre-training) model is an example of a model that utilizes prompts to classify images and captions from over 400 million image-caption pairs.

OpenAI Organizational Structure

openai-organizational-structure
OpenAI is an artificial intelligence research laboratory that transitioned into a for-profit organization in 2019. The corporate structure is organized around two entities: OpenAI, Inc., which is a single-member Delaware LLC controlled by OpenAI non-profit, And OpenAI LP, which is a capped, for-profit organization. The OpenAI LP is governed by the board of OpenAI, Inc (the foundation), which acts as a General Partner. At the same time, Limited Partners comprise employees of the LP, some of the board members, and other investors like Reid Hoffman’s charitable foundation, Khosla Ventures, and Microsoft, the leading investor in the LP.

OpenAI Business Model

how-does-openai-make-money
OpenAI has built the foundational layer of the AI industry. With large generative models like GPT-3 and DALL-E, OpenAI offers API access to businesses that want to develop applications on top of its foundational models while being able to plug these models into their products and customize these models with proprietary data and additional AI features. On the other hand, OpenAI also released ChatGPT, developing around a freemium model. Microsoft also commercializes opener products through its commercial partnership.

OpenAI/Microsoft

openai-microsoft
OpenAI and Microsoft partnered up from a commercial standpoint. The history of the partnership started in 2016 and consolidated in 2019, with Microsoft investing a billion dollars into the partnership. It’s now taking a leap forward, with Microsoft in talks to put $10 billion into this partnership. Microsoft, through OpenAI, is developing its Azure AI Supercomputer while enhancing its Azure Enterprise Platform and integrating OpenAI’s models into its business and consumer products (GitHub, Office, Bing).

Stability AI Business Model

how-does-stability-ai-make-money
Stability AI is the entity behind Stable Diffusion. Stability makes money from our AI products and from providing AI consulting services to businesses. Stability AI monetizes Stable Diffusion via DreamStudio’s APIs. While it also releases it open-source for anyone to download and use. Stability AI also makes money via enterprise services, where its core development team offers the chance to enterprise customers to service, scale, and customize Stable Diffusion or other large generative models to their needs.

Stability AI Ecosystem

stability-ai-ecosystem

About The Author

Scroll to Top
FourWeekMBA