2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Who Wins the AI Race; Startups or Incumbents & Does Having Proprietary Data Really Matter For Startups Today?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Future of AI

I think there's only going to be five or six foundation model companies in the world in three years, five years. I think it's going to be us and Vidya, Google, Microsoft Open AI and Demeter and Apple probably are the ones that train these models. But from a business model perspective, you have Claude on Google API and you have Pom2. How are they going to keep up with Pom2? They can raise billions but Google spend $20 billion a year on AI. And they're not trying to build a sustainable business, they're trying to build an AGI.

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