“And the opening I spend at the beginning, at the end of last year in November of 23 was close to 90% of total volume. And today, less than a year later, it's closer to 60% of total volume.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Pranav Reddy
AssertionSupported
Reddy: Chai Discovery's open-source Chai-1 model outperforms Google's AlphaFold 3
“We're lucky to work with the folks at Chai Discovery who just released Chai One, which is open source model that outperforms Alpha Fold Three.”
Pranav ReddyDec 21, 2024▶ 7:44The State of AI Startups in 2024 [LS Live @ NeurIPS]
PredictionNot checkable as stated
Reddy: Test-time scaling currently works best for verifiable domains like math
“It seems like OpenAI has cracked a version of this that works, and we think A, Foundation Model Labs will come up with better ways of doing this, and B, so far it largely works for very verifiable domains, things that look like math and physics and maybe secon…”
Pranav ReddyDec 21, 2024▶ 10:33The State of AI Startups in 2024 [LS Live @ NeurIPS]
AssertionSupported
Reddy: Mega model labs absorbed $30B-$40B of 2024 AI venture funding
“If you break out the numbers here a bit more, the red is actually just a small number of foundation model labs, like what you would think of as the largest labs raising money, which is upwards of 30 to forty billion dollars this year, and so the reality of the…”
Pranav ReddyDec 21, 2024▶ 11:25The State of AI Startups in 2024 [LS Live @ NeurIPS]
AssertionSupported
Reddy: Flagship OpenAI API costs fell 80% to 85% in roughly 18 months
“This is a graph of flagship OpenAI model costs, where the cost of the API has come down roughly 80, 85%, and call it the last year, year and a half which is pretty remarkable.”
Pranav ReddyDec 21, 2024▶ 6:56The State of AI Startups in 2024 [LS Live @ NeurIPS]
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