From Google: 2024-10-26 05:00:02

Venture capitalists are supporting competing large-language models like Anthropic and OpenAI, a departure from traditional practices. Funds are being diversified to minimize risk and maximize returns. This shift marks a significant change in the venture capital landscape, where backing multiple companies in the same space was previously taboo.



Read more at Google: VCs are ‘hedging their bets,’ backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo – Business Insider Africa