Gates: Foundational AI models require $2B–$3B, limiting Indian players to at most two
Bill Gates · Nikhil Kamath x Bill Gates | People by WTF | Ep. #1 · Nikhil Kamath · Jun 14, 2024 · at 20:11
Bill Gates explains to Nikhil Kamath why Indian startups should focus on application-layer AI rather than competing on multi-billion dollar foundational frontier models.
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“So if you're an entrepreneur who's trying to build foundational models, models from the very ground up, like Google does, or Microsoft with OpenAI does, and they have four or five others, You have to raise, you know, two, three billion dollars. Now maybe some government will decide because you're domestic, they'll help you do that or provide some of that, but there should either be like zero, one, or two cases where an Indian company goes after that very base level”
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