Comment by NitpickLawyer

> that OpenAI had no moat.

Eh. It's at least debatable. There is a moat in compute (this was openly stated at a meeting of AI tech ceos in china, recently). And a bit of a moat in architecture and know-how (oAI gpt-oss is still best in class, and if rumours are to be believed, it was mostly trained on synthetic data, a la phi4 but with better data). And there are still moats around data (see gemini family, especially gemini3).

But if you can conjure up compute, data and basic arch, you get xAI which is up there with the other 3 labs in SotA-like performance. So I'd say there are some moats, but they aren't as safe as they'd thought they'd be in 2023, for sure.