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Reddit’s IPO, Consumer vs. Enterprise AI, and Sam Altman’s New Fund and more! | E1903

This Week in Startups

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Evolution of AI Companies and the Application Layer

Evolution of verticalized apps is crucial to obtain actionable and reliable answers, with a predicted 3 to 5 years requirement for functional apps akin to Robinhood or Uber. The speaker highlights the current trend of investing in AI companies, emphasizing their usage of AI in building their business. Hardware and language model opportunities are deemed limited with the open source prevailing. The focus shifts back to the application layer as observed growth in AI companies suggests the sector's rapid evolution.

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