Indian entrepreneur Bhavin Turakhia is investing $30 million in his new venture, Neo, an enterprise AI company that aims to redesign workplace software from scratch. Turakhia believes that existing software can’t be upgraded with AI, but rather needs to be rebuilt for the AI era. Neo combines project management, documents, and file storage with AI to make it an active participant in daily work. With many big players already in the enterprise AI space, Turakhia’s bet is significant, and his approach could potentially disrupt the market. Why it matters: Turakhia’s move highlights the importance of AI in the future of workplace software, and his success could pave the way for more innovative AI solutions in the enterprise space.