Florian Scherl 19 year-old Founder and CEO of Fast AI Movies talks about his startup journey as a young and successful entrepreneur with Laurenz Sommerlad from Europe's leading student initiative TUM.ai.

Florian learned programming at the age of 12, built his first neural network at 15, and finally founded his company when he turned 18.
He already employs over 16 people and won several startup competitions.
FAST AI Movies uses Artificial Intelligence to produce fully automated customized training videos.

Deep dive into the stories of past AI E-Lab participants. Unveil their learnings, catch a glimpse of their latest wins, and uncover nuggets of wisdom from their participation in the AI Entropreneurship-Lab, a student-led, equity-free 14-week incubator from TUM.ai.

Apply NOW to be part of the second iteration of the AI E-LAB 👇
https://www.tum-ai.com/e-lab

FAST AI MOVIES & FLORIAN SCHERL:
Florian's LinkedIn: https://www.linkedin.com/in/florian-scherl/
Fast AI Movies LinkedIn: https://www.linkedin.com/company/fast-ai-movies/
Website: https://fast-ai-movies.de/

LAURENZ SOMMERLAD:
LinkedIn: https://www.linkedin.com/in/laurenzsommerlad/ Twitter: https://x.com/Lauros_World
Instagram: https://www.instagram.com/laurenzsommerlad/ Website: https://laurenzsommerlad.com

VALENTIN MÜHLDORFER x STUDIO MUNICH:
Studio Munich's LinkedIn: https://www.linkedin.com/company/studiomunich/
Studio Munich's Instagram: https://www.instagram.com/studio.munich/
Valentine's LinkedIn: https://www.linkedin.com/in/valentin-c-m/
Valentine's Instagram: https://www.instagram.com/vlxntin/

Watch on YouTube: https://youtu.be/DPJGAG9blO8

TUM.AI STUDENT INITIATIVE:
LinkedIn: https://www.linkedin.com/company/tum-ai/
Instagram: https://www.instagram.com/tum.ai_official/
Website: https://www.tum-ai.com/
Slack: https://join.slack.com/t/tumaipublic/shared_invite/zt-10kg0t1f9-JLRXDxY_d_vprKWgab0cVw

Interested in joining Germany's leading AI student initiative in MUNICH?
Apply by 1st of October 2023 EoD for our WS23 program and be part of this exciting journey!
https://join-us.tum-ai.com/

OUTLINE:
00:00 - Intro
00:15 - Who is Florian Scherl?
00:28 - Coding prodigy at the age of 12
01:50 - What is Fast AI Movies?
03:27 - Competition (ChatGPT, Synthesia)
05:55 - Technical Deep Dive
07:00 - What is a Transformer Model, LLM ?
09:23 - Business Model and Product
12:14 - Prices and Packages
14:21 - Biggest Challenges and Obstacles
18:37 - AI E-LAB impact on growth and development
20:39 - Final Pitch Event at Microsoft and new Employee
21:10 - Advice for apsiring Entrepreneurs
22:45 - How to use Startup Incubators correctly
23:13 - Progress Update since AI E-LAB
25:44 - Team Structure
26:43 - 16 Employees. Who are they?
27:17 - How to afford 16 employees as young startup?
28:18 - Key Learnings and Insights at AI E-Lab Incubator
30:11 - Advice for Founders (Support Network, Sign up for everything)
31:37 - EU AI Act
33:57 - Outro