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$20M for a seed round? What’s their moat? How will they earn money?
by ushakov 3y ago
$20M for a seed round? What’s their moat? How will they earn money?
- capableweb 3y agoTheir outlined "mission" seems to be: > to empower innovation and creativity by providing leading open-source generative AI models and a cloud platform that makes AI accessible to anyone, anywhere. Since it's generally hard to earn money on the first part, I'm guessing they expect to make money on the latter part, assuming "anyone, anywhere" meaning people that can do business with US entities + people who can afford their service.
- ushakov 3y agoHow is this different from let’s say huggingface? IMO, this sounds more like an excuse to cash out the $20M check