Levie: Zuckerberg is spending billions to commoditize the AI model layer
Aaron Levie · Aaron Levie: How the Business Model of SaaS Changes Forever & Startups vs Incumbents:Who Wins?|E1155 · 20VC with Harry Stebbings · May 22, 2024 · at 3:41
Aaron Levie is the co-founder and CEO of Box. Here he highlights how Meta's massive spending on open-source AI models commoditizes the foundation layer for other startups.
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“And much of that is, is due to the trends we've already seen, which is, you know, the moment you have, you know, people like Zuckerberg that are literally willing to spend billions and billions of dollars commoditizing the model layer,”
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