How much does it cost to start an AI lab?
💰 Ilya Sutskever’s Safe Superintelligence raised $1B with around 10 employees and no product.
💸 Mira Murati’s Thinking Machines raised $2B in seed funding, also before launching a product.
🧠Some of the largest funding rounds in AI are going to tiny research teams with no revenue or commercial product.
Why do they need billions before they’ve even built anything?
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