Is the GenAI revolution hype waning?
VC Cafe
JUNE 2, 2024
After NVIDIA’s stock reached an all time high last week and Elon Musk raised $6 billion for xAI in an oversubscribed round valuing the company at $24 billion, however, there are signs that the initial euphoria may be starting to subside as reality sets in. Models trained on most of the internet are becoming commoditised. ?
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