The growth in the AI industry has led to the increasing size of the AI models. OpenAI’s ChatGPT and Google’s Bard, for instance, are composed of more than 100 billion parameters. GPT-4 is estimated to be built out of over 1 trillion parameters. However, these large parameters require substantial computing power, have high operating costs, and can perpetuate harmful biases if not carefully monitored. The high resource requirement makes these large AI models inaccessible to smaller players. Mountain View-based H2O.ai is helping democratize AI adoption by working on smaller AI models, some that weigh as little as 1.8 billion parameters.
>>>Sramana Mitra: Two questions. One is, who came up with this technology?
RJ Talyor: It’s a big combination of things. My co-founder, Jeff Cunning, and I kind of dreamed it up.
Sramana Mitra: That’s the management part of it. You positioned the product and you kind of envisioned the product. But somebody still has to do the algorithm.
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Businesses are finding unexpected benefits by incorporating Generative AI into their product roadmaps. Ragic Founder Jeff Kuo shares how they have built a $5M ARR no-code platform in the market. A Generative AI front-end is adding unprecedented usability and adoption momentum. Fascinating!
Sramana Mitra: Alright, Jeff, let’s go to the very beginning of your journey. Where are you from? Where were you born, raised? What kind of background?
Jeff Kuo: I was born and raised in Taipei, Taiwan. I mostly grew up here, but in my childhood, I lived for two years in the US in Michigan.
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Sramana Mitra: So let’s go to the point where you’re starting the first company. Tell me what was going on in the market, what product angle did you take, and why?
RJ Talyor: At that time, there was a huge proliferation of social channels. We had Facebook and then Instagram, Twitter, LinkedIn, Pinterest, and Reddit. Then there were all these other social channels that were coming out, and marketers were trying to experiment with their dollars. At the time, there weren’t any rapid experimentation tools on the market to help marketers figure out which ones worked and what messaging worked.
>>>I am acutely aware of how painful it is to have raised venture capital and then not hitting rocket speed.
The pressure is enormous, of the kind that first time founders have no prior experience of.
The media hype makes you believe that fundraising is the end game.
No, fundraising is only the beginning.
>>>How do you diagnose what is hindering velocity in your startup?
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