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Cohere's founder has highlighted a significant shift in the artificial intelligence (AI) business model, indicating that selling access to AI models is evolving into a 'zero margin business' due to aggressive price competition. This trend is underscored by the substantial financial investments made by companies like OpenAI and Anthropic, which reportedly spend billions annually to train advanced models such as GPT-4 and Claude. The competitive landscape is forcing these companies to reconsider their pricing strategies as price dumping becomes more prevalent in the industry.
Whether you’re navigating new technologies or managing evolving risks, the CISO Top 10 reports from the @cyberriskall offer the clarity and direction essential for success, says the alliance's Bill Brenner in this commentary. #cybersecurity #infosec https://t.co/uKCknaESv0
Check out this blog post by Maxwell Zeff on how AI's business model is rapidly evolving, according to Cohere's founder. Selling access to models is becoming a "zero margin business" due to competitive price dumping. Interesting insights here! https://t.co/Ok6W5zFAyf
What margins? AI’s business model is changing fast, says Cohere founder https://t.co/4hmsWhDJnQ