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Home Breaking News

What margins? AI’s business model is changing fast, says Cohere founder

by DigestWire member
August 19, 2024
in Breaking News, Technology
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What margins? AI’s business model is changing fast, says Cohere founder
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OpenAI and Anthropic spend billions of dollars a year training models like GPT-4 and Claude, but competitive price dumping is making the business around these platforms rather precarious. Aidan Gomez, CEO of competing AI provider Cohere, says that selling access to models is quickly becoming a “zero margin business” in a podcast appearance on Monday. […]

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