No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands

No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands

No PriorsFeb 8, 202439m

Elad Gil (host), Emily Glassberg Sands (guest), Sarah Guo (host), Narrator

Stripe’s Information organization structure and responsibilitiesInternal LLM adoption via tools like LLM Explorer and accelerator teamsUser-facing AI products: Radar Assistant and Sigma AssistantAI infrastructure choices: model selection, experimentation, and central platformsFintech and AI opportunities: payments optimization, economic operating system visionDistinct needs and patterns of AI-native startups on StripeAI and education: skills, credentials, and labor market signaling

In this episode of No Priors, featuring Elad Gil and Emily Glassberg Sands, No Priors Ep. 50 | With Stripe Head of Information Emily Glassberg Sands explores stripe’s Data Chief on Generative AI, Fintech Infrastructure, and Education Emily Glassberg Sands, Head of Information at Stripe, explains how Stripe is using data science and generative AI to power both internal operations and user-facing financial products. She describes Stripe’s bottoms‑up approach to LLM adoption, starting with an internal LLM Explorer and accelerator teams that seed new AI bets. Sands details concrete applications like Radar Assistant and Sigma Assistant that translate natural language into code and analytics, democratizing fraud controls and business insights for non-technical users. She also connects Stripe’s macroeconomic vantage point and her labor economics background to broader opportunities in fintech, AI-native startups, and the future of education and skills.

Stripe’s Data Chief on Generative AI, Fintech Infrastructure, and Education

Emily Glassberg Sands, Head of Information at Stripe, explains how Stripe is using data science and generative AI to power both internal operations and user-facing financial products. She describes Stripe’s bottoms‑up approach to LLM adoption, starting with an internal LLM Explorer and accelerator teams that seed new AI bets. Sands details concrete applications like Radar Assistant and Sigma Assistant that translate natural language into code and analytics, democratizing fraud controls and business insights for non-technical users. She also connects Stripe’s macroeconomic vantage point and her labor economics background to broader opportunities in fintech, AI-native startups, and the future of education and skills.

Key Takeaways

Start AI adoption with safe, internal experimentation at scale.

Stripe launched an internal LLM Explorer, quickly adopted by ~half the company weekly, to let employees across functions discover practical use cases before heavily committing to external AI features.

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Use small, time-bounded accelerator teams to seed new AI bets.

Stripe funds ‘one- to two‑pizza’ accelerator teams for ~six months with clear but flexible charters, enabling focused experimentation (like LLM Explorer and support tools) without disrupting core product roadmaps.

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Democratize complex capabilities by turning natural language into code and rules.

Radar Assistant and Sigma Assistant let non-technical users express fraud policies and analytics questions in plain English, which Stripe converts into executable rules and SQL, enlarging who can act on data and risk.

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Centralize AI infrastructure but decentralize model choice.

Stripe provides a shared LLM API, security, and experimentation platform, sets sensible default models, and then lets product teams trade off cost, latency, and quality—internally billing high-usage apps to enforce discipline.

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Leverage proprietary payments data for optimization and future ‘economic OS’ products.

Existing ML already improves conversion, auth rates, fraud detection, and dunning; Sands envisions future foundation models on financial data that could meaningfully boost performance and automate pricing, discounting, and geo strategy.

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Recognize AI-native startups’ distinct financial and operational needs.

AI startups have heavy early compute costs, global demand from day one, subscription-heavy models, and must ‘grow up’ financially with lean teams—driving demand for Stripe’s revenue and financial automation tools.

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Treat education and skills through a labor-market lens, not just pedagogy.

Sands argues AI’s impact on education must address both personalized learning and better skill signaling and credentialing, so that skills become a primary ‘currency’ in the labor market and access to opportunity broadens.

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Notable Quotes

We were looking at the technical breakthroughs and the product launches all over the ecosystem with awe, but also honestly, a little bit of overwhelm.

Emily Glassberg Sands

The weekly active user count of this LLM Explorer is still at almost 3,000, which is just shy of half the company using it every single week.

Emily Glassberg Sands

We’re very focused on leveraging AI so that non-technical folks that are users can do things that they couldn’t do before, and so that technical folks can move an order of magnitude faster.

Emily Glassberg Sands

It doesn’t feel crazy to think that a good foundation model could outperform more traditional approaches by, I don’t know, 100 bips, 200 bips.

Emily Glassberg Sands

Whether it’s Stripe or someone else, using financial data to help businesses be more successful, to grow the pie, to grow the GDP, I think is really powerful.

Emily Glassberg Sands

Questions Answered in This Episode

How does Stripe evaluate when an experimental AI prototype is strong enough to be productized and integrated into the core roadmap?

Emily Glassberg Sands, Head of Information at Stripe, explains how Stripe is using data science and generative AI to power both internal operations and user-facing financial products. ...

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What governance and risk frameworks does Stripe use to ensure safe use of LLMs in sensitive financial contexts?

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How might a foundation model trained on Stripe’s payments data differ architecturally or behaviorally from today’s general-purpose LLMs?

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In practice, how far can natural-language-to-policy tools like Radar Assistant go before they hit regulatory or explainability limits?

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What would it take for skills-based credentials and AI-driven skill measurement to seriously challenge traditional degrees in hiring decisions?

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Transcript Preview

Elad Gil

(instrumental music) . Today, Sara and I are joined by Emily Glassberg Sands, who's the head of information at Stripe, which includes data science, growth, machine learning infra, business applications, and corporate technology. Emily was previously the VP of data science at Coursera, where she led development of AI-powered products to have personalized learning, scalable teaching, skill measurement, and more. We're excited to talk with Emily today about Stripe, AI, fintech, and education. Emily, welcome to New Priors.

Emily Glassberg Sands

Thanks so much for having me.

Elad Gil

Oh, yeah. Thanks so much for joining. So you now lead the information org at Stripe. Can you tell us a little bit more about what the organization does, how it's evolved under your tenure, and what are some of the span of responsibilities that you're focused on?

Emily Glassberg Sands

Yeah, so I joined Stripe, uh, back in 2021, originally actually to lead data science. And David Singleton, Stripe's CTO, reached out. I didn't know a ton about Stripe, but I knew millions of businesses were using it to collect payments, which had to mean really interesting data on those businesses and on a large swath of the economy. Stripe's clearly helping companies run more effectively and also in a position to learn from its data what kind of interventions significantly improve companies' long-term success, uh, and in some cases, to actually action those. Today, I wear two hats. So, uh, the first is I support a bunch of different teams that are together tasked with enabling the effective use of data across Stripe, and this includes, you know, from decision-making internally to, uh, building data-powered products. We've been investing a bunch in foundations, which includes building out our ML infrastructure and better organizing our data, you know, the really sexy stuff. Um, but also in applications like seeding a bunch of new gen AI bets and, and getting them out to our users. So that's kind hat one, and then second, I'm accountable for our self-serve business. So a huge number of SMBs and startups come to Stripe directly. Um, to get started, they self-serve through the website, and we're really focused on understanding who those users are, um, getting them the right shape of integration efficiently, um, building product experiences, um, that meet their needs, including as they grow, um, and growing the portfolio of products they use. So, um, for many of our users, it's not just payments, but invoicing or subscriptions or billing or tax or rev rec, um, depending on, on what their business model demands.

Elad Gil

Yeah, and I guess Stripe for a long time has been doing different things in ML in terms of traditional ML. You know-

Emily Glassberg Sands

Yeah.

Elad Gil

... I think fraud detection and the fraud detection API that you all have is one example of that. But you were actually quite early in terms of adopting LLMs and sort of early generative AI models. Could you tell us a little bit more about how that came about, how the interest was sparked, and how adoption really took off?

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