ELI5: How can xAI/Grok open sourced be more valuable than X/Twitter?
Help make sense of this, please.
I think Sequoia and A16Z had this in mind:
- Elon is super driven to build an Open AI competitor
- Elon is excellent at navigating new frontiers: spacetech & EVs (the only person to do it twice like that)
- Well, Elon.
Also honestly
1. The market is proven to exist
2. Founder has network
3. Founder has earlier successes
4. Founder has previous connections with OpenAI
Probably a no-brainer just because of these points. The valuation is bad though 😅 too much competition from other products
Yes but it’s value is down by over 50% since then @PersePhone
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Goodbye Gen AI Wrapper Startups
OpenAI just released GPT 4 Turbo and and GPT builder, where you can just create a custom GPT in 5 mins. Insane!! RIP to them cool tech bros who thought creating a wrapper startup is going to make them m/billionaires. Building a startup ain't that easy :)
Watch @sama build a custom ChatGPT using private knowledge—and share it publicly in about 3 minutes
https://twitter.com/danshipper/status/1721596383902536025?t=vAXltnQZK_2braWKBuweIQ&s=19