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What margins? AI's business model is changing fast, says Cohere founder - TechCrunch

Retrieved on: 2024-08-20 13:59:23

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What margins? AI's business model is changing fast, says Cohere founder - TechCrunch. View article details on hiswai:

Summary

The article discusses the precarious financial landscape of large language models like ChatGPT, developed by OpenAI and others. While essential for tech growth, competitive price dumping has led to tight profit margins. Cohere's CEO, Aidan Gomez, addresses challenges startups face against giants like Microsoft and Google, which can better afford to operate at a loss. Tags and key concepts align with the discussion on generative AI, market competition, and financial sustainability.

Article found on: techcrunch.com

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