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This is like saying a web company is a DB company because they just built their software with a DB as their backend. It's a silly nomenclature that some VCs an
by null_investor 2y ago
This is like saying a web company is a DB company because they just built their software with a DB as their backend.
It's a silly nomenclature that some VCs and the entrepreneurial community started labelling the AI companies as GPT wrappers, to pretend that they are less useful, when in reality what matters is if they have users that are happy with their service.
And we can all be clear on this, at the moment, except Meta (because they use it for their recommendation algorithm), all AI companies using H100s are losing money, and lots of it.
I just read an article that OpenAI will spend $7B this year to make $1B ARR, and they are literally the leader in that space (well, Claude is better at the moment, but we expect them to release a better model since they started training it a while ago).
Every AI company doing LLMs are default dead companies on their way to bankrupcy. The ones that provide the API layer are even more likely to get to chapter 11 with the high training + staffing costs.
- meiraleal 2y agoOne or two (or 5) will be in the next FAANG, tho. And the current acronym can easily lose meaning.