Large Labs

“So very classically, if you view your competitive set, say the large labs will basically subsidize or give away the single surf tier. But then they actually have, they command great margins in third party and they command great margins in the enterprise.”

“It's not unusual for large labs to throw these companies a hundred million, even close to a billion dollar contracts, and so I think there's a reason everyone is excited about it.”

“I think that the real way, way in which a lot of the large labs have just dramatic advantages is just, they have very profitable businesses that can provide Near infinite sources of capital for these AI efforts.”