Part 2/7:
The Financial Landscape of AI Development
Mitchell Green, the founder of Lead Edge Capital, offered insights into the competitive dynamics of the AI industry. He highlighted that the coming months will see countless companies claim faster and cheaper models, creating an ongoing race in AI capabilities. Green pointed out that the biggest players—Microsoft, Google, Facebook, and Amazon—are expected to invest between $250 and $300 billion in AI over the next year, a substantial amount that could overshadow smaller and newer firms trying to keep pace.