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YC

Y Combinator Cast

12/14/24

@ Y Combinator

2024 has been a remarkable year for startups, with significant funding rounds, including OpenAI raising $6 billion and Scale AI raising $1 billion, showcasing the growth in the AI sector.

Video

2024: The Year the GPT Wrapper Myth Proved Wrong

@ Y Combinator

2024: The Year the GPT Wrapper Myth Proved Wrong

12/14/24

Related Takeaways

Garry Tan

05/21/25

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AI is driving unprecedented growth in startups, allowing small teams to achieve significant revenue milestones quickly, sometimes reaching $10 million a year within 12 months.

Y Combinator Cast

04/25/24

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Investors are now more willing to fund AI-driven companies that compete with established players like Salesforce, indicating a significant shift in the market landscape.

Y Combinator Cast

11/01/24

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OpenAI's recent $6.6 billion funding round indicates that AI models are becoming increasingly capital intensive, with future models expected to be orders of magnitude larger than current ones.

Y Combinator Cast

08/23/24

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The current AI hype cycle is unique because both the startup world and public stock market are heavily influenced by AI, with major gains coming from big tech companies.

Y Combinator Cast

06/18/25

@ Y Combinator

Meta has agreed to invest over $14 billion in Scale AI, valuing the company at $29 billion.

Wojciech Zaremba

05/18/17

@ Y Combinator

OpenAI has received significant support, including a $1 billion investment from Elon Musk and Sam Altman.

Y Combinator Cast

01/16/25

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Companies leveraging AI are growing faster than traditional startups, indicating a significant opportunity in the AI space.

Y Combinator Cast

04/25/24

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AI is currently the most exciting area for founders, with many former crypto entrepreneurs transitioning to AI, which offers a more optimistic outlook for innovation.

Y Combinator Cast

08/23/24

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Many AI companies today have raised significant funds but lack revenue, making it challenging to assess their long-term viability, similar to past speculative ventures.