Generative AI models are advancing as they incorporate industry-specific reasoning, which is increasingly demanded across sectors like finance, law, and medicine. General-purpose large language models (LLMs) often lack the deep domain expertise required for complex scenarios, prompting the need for models that understand specific industry nuances. This requires more than just feeding models additional data; it involves crafting high-quality, domain-specific datasets and leveraging expert human insights. The Labelbox platform facilitates this process by enabling the creation of tailored training data projects. It supports various data types and provides tools for building ontologies, ensuring quality assurance, and managing projects efficiently. Real-world examples in finance and legal sectors illustrate how specialized data labeling can significantly enhance LLM capabilities. By using Labelbox, companies can gain a competitive edge by developing AI systems that are not only intelligent but also deeply aligned with industry-specific demands, paving the way for improved decision-making and operational efficiency.