20VC: Why Foundation Model Performance is Not Diminishing But Models Are Commoditising, Why Nvidia Will Enter the Model Space and Models Will Enter the Chip Space & The Right Business Model for AI Software with David Luan, Co-Founder @ Adept
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Adept’s CEO on Foundation Model and Adept’s Business Model
In the foundational model space, tier one clouds will invest heavily to ensure their own success, while independent companies face challenges unless they build a significant economic flywheel. Adept stands out by selling end-user facing agents to enterprises rather than models to developers, emphasizing vertical integration in developing AI agents for specific work tasks. Adept's focus on owning the entire stack from end-user interface to foundation modeling enables them to address diverse requirements across different industries efficiently. The variability in enterprise workflows necessitates a vertically integrated approach to effectively handle edge cases and optimize performance.
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