API Business
topic on 4 shows · 4 statements across 4 episodes
the a16z Podcast 
Big Technology 
TBPN 
20VC
4 statements about API Business, every show
Hays: Product applications give AI companies more leverage than pure APIs
“Having a product, not just an API business, gives you leverage, because at some point, the models are smart enough where you don't need to train them, you don't need to train a model that is four percent better, because people are still coming to your applicat…”
Altman: OpenAI's API grew faster than ChatGPT this year
“And like the API business grew faster for us this year than even ChatGPT.”
Sherman Wu: OpenAI has seen zero API cannibalization from open models
“Yeah, I mean, to be clear, like, we have not seen cannibalization at all.”
Hyatt: Frontier AI companies must build vertical products, not API-only tools
“I think when you're at the front end of innovation, when you're moving really fast, I think you want to be vertical. I think you want to have as much connectivity layer between the model you're trying to build and The thing that the consumer is trying to wrest…”