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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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

2269.317 - 2290.232 George Sivulka

They did have all they've got the best data in finance. So then GPT-4 was released, I think, like a few weeks later. I don't know exactly the right timeline, but it just destroyed Bloomberg GPT at every single finance task. And so you saw the idea of post-training or kind of like this refined, verticalized model creation just always would lose to scaling loss.

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