This Week in Startups Open-source vs. "ClosedAI," demoing new AI tools & more with Sunny Madra & Vinny Lingham | E1742
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May 16, 2023 
Sunny Madra, Co-founder of Definitive Intelligence, and Vinny Lingham, Founder of Weight Room, dive into the latest AI innovations. They demonstrate new AI tools like ChatPDF and discuss the implications of open-source versus proprietary AI systems. The duo predicts a future where every major company will deploy customized large language models, shaping business practices. They also critique Google Bard's performance against open-source alternatives, highlighting the need for contextual data in optimizing AI insights.
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NYC Post-Pandemic
- Jason Calacanis shares his experience in New York City, encountering a tense argument at a bakery and TikTokers filming a dance.
- He mediated the argument and observed the city's post-pandemic energy.
Abu Dhabi's Tech Vision
- Abu Dhabi is positioning itself as a hub for startups and tech, leveraging its oil wealth for a future beyond oil.
- They offer tax breaks and incentives, attracting international startups and aiming to become VCs, not just LPs.
Venture Landscape Shift
- Jason Calacanis discusses the current venture landscape, noting that many US endowments are overcommitted and pausing investments.
- This creates an opportunity for new fund managers and sovereign wealth funds, particularly in early-stage ventures.