The Ledger, every show

“I think the foundation models, let's say specifically Anthropic, have such special models. This can be hard for somebody to just kind of say, I've used open source with my data. It's going to be functional and positive for some amount of what you're doing, but…”

“Where you see a company go from zero to something like three hundred million in a year. I think we intercepted them around, well, we kind of got, tried to get in when they were around 30, 30 of error, but we around, we did was around one 50.”

“What's happening is companies see this, like, yes, I can get lower cost, but if I use Anthropic, it actually increases my customer retention. I generate more revenue. I get users to Engage with the platform more. And that is what the data is suggesting now wit…”

“There's no way in hell that, you know, we're going to have 60 independent model companies in addition to all the open source and everything.”

“All the benchmarks you could see that they were kind of better or at the same level of performances as ChatGPT at the time. And they'd spent like, I don't know, A 50th of the capital.”

“So I think, you know, you're going to have the combination of something like that, a family of models from Anthropic, and then a set of open source models and things that you train with your own data, and you're going to look across that whole tapestry and say…”

“Like this company wildly profitable and, you know at a scale that would probably shocked most people”

“When we look around and see these companies doing zero to a hundred in a year, never seen anything like it. And there's more examples of that than I can probably count right now.”

“We don't have a 10 or twenty billion dollar fund, nor do we aspire to have that.”

“So there's so much more there, and I think we started off investing in that area two, three years ago. Nothing really came out of it. Now these companies are really taking off.”