VC Cafe
JANUARY 10, 2024
billion in annualised revenue , an a myriad of new companies were born, from open source LLMs to application layer startups that were able to move fast and do much more with less. Open source LLMs have been improving at a rapid pace, have an active developer community and can be an attractive alternative, if managed properly.
Steve Blank
MAY 17, 2022
But because a large percentage of it is open-source AI is not limited to nation states, AI-powered cyber-attacks, deepfakes and AI software paired with commercially available drones can create “poor-man’s smart weapons” for use by rogue states, terrorists and criminals. Open-Source Code, Pretrained Models and Frameworks.
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Startup Professionals Musings
AUGUST 25, 2017
This new culture builds on hobbyist technologies, extends the open-source inventory of hardware and software, and bridges the gap into real business solutions with other advantages, as follows: Shortens the time and cost from idea to prototype. Now is the time to catch the wave and just do it yourself.
Steve Blank
MARCH 31, 2014
Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Companies horde cash and squeeze the most revenue and margin from the money they use.
VC Cafe
MAY 1, 2023
App Store Wars: Apple dominated the app store wars, building a walled garden around its App Store and generating significant revenue from app sales and in-app purchases. We are seeing some of this play out in the generative AI space, where the cloud providers are active investors to attract future revenue. Space Race 2.0:
Steve Blank
MAY 9, 2017
Today open source software has slashed the cost of software development from millions of dollars to thousands. China has simply become the factory. Risk capital has emerged in China, India and other countries where risk taking, innovation and liquidity are encouraged, on a scale previously only seen in the U.S.
Steve Blank
SEPTEMBER 26, 2018
It’s how China approaches approvals and will allow U.S. companies to remain competitive in an area (medical devices) where China has declared the intent to dominate. However, if the Apple Watch becomes a device eligible for reimbursement , there’s a huge revenue upside for Apple. Did Apple Cut in Front of the Line? Great idea.
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