Bill Gurley

Yeah, I think it makes sense on a bunch of fronts. On the first front, I think they want developers to develop on their platform and build applications for open AI. And so this brings them into the ecosystem. Number two, I think that they fundamentally have a view that they want to build... You know, they want to build products and applications that move humanity forward with AI.

Yeah, I think it makes sense on a bunch of fronts. On the first front, I think they want developers to develop on their platform and build applications for open AI. And so this brings them into the ecosystem. Number two, I think that they fundamentally have a view that they want to build... You know, they want to build products and applications that move humanity forward with AI.

And this is another way to do it at scale. You know, Sam has said publicly now, I've heard him several times, say that he thinks that models are commoditizing, they're anti-commodity. into the game. You know, they will continue to push the frontier.

And this is another way to do it at scale. You know, Sam has said publicly now, I've heard him several times, say that he thinks that models are commoditizing, they're anti-commodity. into the game. You know, they will continue to push the frontier.

And this is another way to do it at scale. You know, Sam has said publicly now, I've heard him several times, say that he thinks that models are commoditizing, they're anti-commodity. into the game. You know, they will continue to push the frontier.

So he thinks they'll have the best models, but that general intelligence, you know, that average level of intelligence is we already see is going to be widely distributed and that the battleground bill is really going to be fought around products and services. And I wouldn't say that they view themselves as an exclusively a consumer company, but

So he thinks they'll have the best models, but that general intelligence, you know, that average level of intelligence is we already see is going to be widely distributed and that the battleground bill is really going to be fought around products and services. And I wouldn't say that they view themselves as an exclusively a consumer company, but

So he thinks they'll have the best models, but that general intelligence, you know, that average level of intelligence is we already see is going to be widely distributed and that the battleground bill is really going to be fought around products and services. And I wouldn't say that they view themselves as an exclusively a consumer company, but

But clearly, ChatGPT is a major thrust, a major focus of the business. It's the market-leading consumer application, probably has 80% to 90% market share. I think network effects are kicking in and other things. But I also think their enterprise business is, if not the biggest, one of the biggest and also growing at the fastest rate. Because remember, the consumerization of the enterprise, right?

But clearly, ChatGPT is a major thrust, a major focus of the business. It's the market-leading consumer application, probably has 80% to 90% market share. I think network effects are kicking in and other things. But I also think their enterprise business is, if not the biggest, one of the biggest and also growing at the fastest rate. Because remember, the consumerization of the enterprise, right?

But clearly, ChatGPT is a major thrust, a major focus of the business. It's the market-leading consumer application, probably has 80% to 90% market share. I think network effects are kicking in and other things. But I also think their enterprise business is, if not the biggest, one of the biggest and also growing at the fastest rate. Because remember, the consumerization of the enterprise, right?

One of the fascinating things that's happening in the enterprise is these are all users of ChatGPT. So when the CEO shows up in the boardroom and somebody says, yeah, we're looking at bringing AI into the company and we're looking at ChatGPT enterprise, it's an easy yes. It reminds me of when every CEO said, hey, get me an iPhone in the enterprise.

One of the fascinating things that's happening in the enterprise is these are all users of ChatGPT. So when the CEO shows up in the boardroom and somebody says, yeah, we're looking at bringing AI into the company and we're looking at ChatGPT enterprise, it's an easy yes. It reminds me of when every CEO said, hey, get me an iPhone in the enterprise.

One of the fascinating things that's happening in the enterprise is these are all users of ChatGPT. So when the CEO shows up in the boardroom and somebody says, yeah, we're looking at bringing AI into the company and we're looking at ChatGPT enterprise, it's an easy yes. It reminds me of when every CEO said, hey, get me an iPhone in the enterprise.

And they were on BlackBerry and they all switched to iPhones because they loved using them at home. I think the natural thing for them to do. So it's not to say... Enterprise is going to be a battle. It's not going to be winner-take-all, but I think these guys do have their eyes squarely set on building a big enterprise business.

And they were on BlackBerry and they all switched to iPhones because they loved using them at home. I think the natural thing for them to do. So it's not to say... Enterprise is going to be a battle. It's not going to be winner-take-all, but I think these guys do have their eyes squarely set on building a big enterprise business.

And they were on BlackBerry and they all switched to iPhones because they loved using them at home. I think the natural thing for them to do. So it's not to say... Enterprise is going to be a battle. It's not going to be winner-take-all, but I think these guys do have their eyes squarely set on building a big enterprise business.

Well, one of the things you pinged me on this week was the investment round around OpenAI. And I'm happy to share what I can share. Tell us what happened.

Well, one of the things you pinged me on this week was the investment round around OpenAI. And I'm happy to share what I can share. Tell us what happened.

Well, one of the things you pinged me on this week was the investment round around OpenAI. And I'm happy to share what I can share. Tell us what happened.