20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

1246.054 - 1271.852 George Sivulka

So he's like, well, let's just go add some fuel to the fire. How much did he invest in? He, I think, invested like an additional $2 or $2.5 million at the time. So where did the $130 come from? Well, that was years later. This was years later? So this is all in 2020. We end up building a product studio, which is the first to productionize RAG, Retrieval Augmented Generation, also in 2020.