As of now, all the competition is in application layer - and it seems all the big money is going in foundational layer (pic courtesy
).Sounds crazy, right? After all, if you look at combined fund raised by OpenAI ($14Bn) Anthropic ($7.3Bn) and the revenue scale (OpenAI revenue is ~$3.4Bn / Anthropic is expected to hit ~$850mn by end of 2024 while Perple…
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