Generative Now | AI Builders on Creating the Future cover image

Sarah Guo and Elad Gil: The Future of AI Investing

Generative Now | AI Builders on Creating the Future

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Opportunity for large models and venture funding

The opportunity for large models like foundation models may be closing for startups, as the trend seemed to peak in 2023 with significant rounds of funding for companies like OpenAI and Anthropic. The focus for venture funding in 2024 could shift away from large models to more unique and innovative companies. The venture capital landscape often follows precedent, with more funding pouring in once a trend is established, but the most intriguing companies are often the first of their kind, making the direction of future funding unpredictable.

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