Anthropic Unicorn News - October 26, 2024
Venture capital firms are breaking traditional investment taboos by backing multiple competing large language model startups, including Anthropic and OpenAI. This strategic shift, led by prominent firms like Andreessen Horowitz and Sequoia Capital, aims to maximize potential returns and influence in the rapidly evolving AI sector.
Sources https://www.businessinsider.com/vcs-are-hedging-their-bets-backing-competing-llms-2024-10) https://biztoc.com/x/5f02651ac72792fe)
Outline (00:00:00) Introduction (00:00:34) Venture Capitalists Break Traditional Taboos by Backing Competing LLMs Like Anthropic and OpenAI
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