Comment by chatmasta
2 days ago
I don’t even use it. But in terms of funding, it’s in the top 5, according to Crunchbase data [0].
[0] https://news.crunchbase.com/ai/startup-billion-dollar-fundra...
2 days ago
I don’t even use it. But in terms of funding, it’s in the top 5, according to Crunchbase data [0].
[0] https://news.crunchbase.com/ai/startup-billion-dollar-fundra...
> But in terms of funding, it’s in the top 5.
WeWork had more funding than xAI.
Not saying xAI will die, but you can’t look at funding.
You can look at funding to see who will benefit most from regulatory capture, a phenomenon that raises the cost of entry into a market. Obviously the most well-funded participants will have the greatest motivation to increase barrier to entry.
If anything, a well-funded company with a bad product is more likely to engage in regulatory capture because it limits their risk of exposure to a new entrant with a good product.
In this particular market though it's a bit useless because only well funded entities are really able to play here.
Where are any of us gonna get 10,000 H100's?
So it's not like you're overwhelming small players by throwing up regulations. Those players are extremely unlikely to get the compute they'd need to even experiment in the first place.
It's also quite decent, giving a lot of free request so I have switched from Claude.