2024-09-12 11:03:39.AIbase.11.7k
Don't Get on the Wrong Track, Developers! Sequoia Capital Believes AI-Related Software Offers Greater Profitability than AI Models
Sequoia Capital partner Pat Grady stated that future billion-dollar AI companies are more likely to emerge from application software rather than foundational model development. Although Sequoia has invested about $150 million in foundational models like OpenAI and xAI, its application layer investments are significantly higher. Grady emphasized the need for AI startups to design products atop models to meet market demands, expressing optimism abo....
