$2.4M In ONE Day?! (#545)

AI Trends

The AI sector is witnessing a surge in investment opportunities, driven by innovative platforms like Consensus and Perplexity. Shaan Puri and Sam Parr discuss how these companies are capitalizing on AI's growing popularity, with Consensus focusing on scientific papers and Perplexity offering a unique science bent 1. Sam highlights the competitive nature of the AI landscape, comparing it to the early days of the App Store and Chrome extensions 2.

This is one of those things that's happening in real time. And I wanted to call out because I think OpenAI even said, we don't even know what payment terms we're going to give these people. They're still all figuring it out, but this is happening this second.

--- Sam Parr

Shaan expresses skepticism about inflated valuations, drawing parallels to past tech booms like crypto and mobile apps 1.

   

OpenAI Ventures

OpenAI's latest ventures, including the creation of an App Store, present significant opportunities for developers and companies. Sam Parr notes that this move allows developers to create their own GPTs and plugins, potentially leading to lucrative outcomes similar to past successes like Zynga and Honey 3. The App Store's early stage means pricing and traffic are still developing, but the potential is immense.

I think this is right now about to happen with the OpenAI like plugin store. It's really fascinating what's happening.

--- Sam Parr

Shaan and Sam discuss the strategic advantage OpenAI holds by covering compute costs, which could drive significant user engagement and innovation 2.