Two years into the AI boom, things are evolving quickly! AI has shifted from giving fast answers to actually stopping to think and reason. Sequoia Capital released a report on AI, even crediting an AI model as a co-author.
Here are some key points:
Big players: OpenAI, AWS, and Google are leading the AI market.
Smarter AI: OpenAI’s "Strawberry" model can now think through complex tasks, not just provide quick answers.
AI in action: AI is automating tasks like legal work and customer support, creating new markets.
Selling outcomes: AI companies are moving from selling software to charging for results or completed tasks.
Opportunities for startups: While big companies dominate infrastructure, there’s still room for startups to innovate with AI apps.
Source: Sequoia Capital
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