There are not that many of these startups actually. Most use cases of LLM can be backed with a fine-tune of an off-the-shelf foundation model. If you're trainin

There are not that many of these startups actually. Most use cases of LLM can be backed with a fine-tune of an off-the-shelf foundation model. If you're training foundation models from scratch, you're entering a difficult-to-monetize market where the big boys could eat your lunch by just releasing a new foundation model that might be able to do more than 95% of what yours does.