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4min chapter
20VC: Benchmark's Sarah Tavel on Are Foundation Models Commoditising | Why Frontier Models Will Be Closed Source | Why the Value is in the Application Layer | The Future of AI is "Selling the Work" Not the Tools
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Intro
This chapter explores the substantial investments needed to develop AI models and examines the shift towards closed-source models in an oligopolistic market. It highlights the critical role of the application layer in creating value and provides insights into the strategies of a leading venture capital firm in supporting innovative startups.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode