Currently 89b. Will it be close to 300bn in 5 years? Tc 370k #startup #equity #openai #nvidia #meta
Ai is already a commodity the ones who own the physical machines will win llama 3 is damn good and open ai owns no hardware, where’s the profit?
Who told you open Ai has no hardware?
First mover’s advantage doesn’t mean shit. Yahoo existed before Google
Spinning the flywheel is super important though. People are just catching up to GPT4 now, but let's remember they completed GPT4 in 2022. They will ship a big update and prove advantage
Meta copping like 600k nvidia GPUs and pumping out llamas and tapping into their enormous customer base, I think they have a fair chance of overtaking OpenAI
That's 44% CAGR, assuming multiples remain the same. The growth rate doesn't seem crazy IMO. However will the valuation multiple hold remains to be seen. In it's latest round it was 220X forward revenues which is crazy. That should go down substantially with the hype dying down, and more open source models catching up with Open AI with comparable performance but much lower latency (like Llama). I don't think 3X is likely given the competition. During the search engine era, Google was not even one for the first five engines to market. So it's hard to predict who will grab a lion's share of the market moving forward
Nope. Probably 1/10th
they’re losing their advantage by the day
You must have access to many AI enterprise users, why don't you ask them how the deployment of AI has been going? How exactly useful is AI?
Do you know we had the same discussion in 1990s regarding AI? Engineers said that the AI bubble will be gone in 5 years since the current AI is not bottom-up approach. We just achieved that engineers in 1990s wanted to achive. It took 30 years. To achieve the real AI what we are talking about maybe we need another 30 years. This AI will be gone soon and no one will talk about it.
more like .3x
It’s a maybe, depends on the AI hype. It always goes down and bounces back once every 3-4 years like Bitcoin