Making Sense of Web3's Burgeoning AI Ecosystem
CoinDesk, Wednesday, January 10th, 2024
Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make more informed investment decisions, says David Attermann, at M31 Capital.
In just over a year since ChatGPT's debut release, generative AI has arguably become the most influential global narrative today. OpenAI's early success drove a surge in investor interest for large language models (LLMs) and AI applications, attracting $25 billion in funding in 2023 (up 5x YoY!), in pursuit of the potential multi-trillion-dollar market opportunity.
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