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Joanne Chen is a general partner with Foundation Capital, a venture-backed firm largely focused on seed-stage investing, with an emphasis on fintech and enterprise. Chen has studied computer science and 75% of Foundation’s enterprise portfolio uses A.I. technologies such as machine learning, computer vision, and large language models. Chen emphasizes the importance of governance when it comes to A.I. and warns of the potential risks of fake content and security problems. Corporate directors must provide useful oversight of A.I. strategy and ensure that they educate themselves, as missteps involving A.I. can be costly.