Dr. Toby Velte
AI Entrepreneur, Founder of Probility AI and Budscout AI
PhD (University of Minnesota) Post-Doctoral Fellow (Harvard University), MBA (Kellogg School of Management) PGDip- AI for Business (Saïd Business School, Oxford University) MSc (Sloan Fellow) – London Business School
Dr. Toby Velte is an AI entrepreneur who founded Probility AI and Budscout AI in 2021. He has previously worked at Google, Amazon (AWS), and Microsoft, where he expanded teams from a single member to over 1,000 employees. Dr. Velte specialises in assisting Global 1000 companies with transforming their business models and developing new products using AI and cloud computing. He is also a prolific writer, contributing to business technology literature, including articles for Harvard Business Review and Think , and has authored 16 best-selling technology books published globally by McGraw-Hill.
Dr. Velte holds a Bachelor of Arts in Psychology and a Ph.D. in Computational Neuroscience from the University of Minnesota, and he completed his post-doctoral training at Harvard University. In 2021, he earned an MBA from Kellogg, followed by a diploma in AI for Business from Oxford in 2023. In 2024, he was a Sloan Fellow at LBS. Dr. Velte frequently serves as a guest lecturer for LBS degree programmes and is actively involved in developing and delivering new courses on AI for Business within LBS’s Executive Education programme.
His work focuses on understanding AI's transformative impact across various domains, including strategy, marketing, and private equity. In strategy, he explores AI's disruption of industries, its strategic implications, and its role in innovation and product development, alongside adoption strategies and future trends. In marketing, he focuses on AI integration for enhanced effectiveness, personalisation, automation, predictive analytics, and emerging trends shaping the industry. In private equity, his work provides an overview of AI services, identifies investment opportunities, assesses risks, examines market trends, and offers strategic implementation insights to enhance portfolio performance and growth.
