The Secret to Creating the Next Billion-Dollar AI Startup [Video]

It’s now widely recognised that selling AI models is a zero-margin game. The next wave of AI startups must capitalise on LLMs in the application layer to tackle real-world challenges.

“The next billion dollar startups in AI will play on the application layer and not the infrastructure layer,” said AIM Media House chief Bhasker Gupta in a LinkedIn post. 

Gupta added that there is a plethora of problems to be solved using AI, and these startups will localise their solutions while maintaining a broad-based approach.

Echoing a similar market sentiment was Nayan Goswami, the founder and CEO of Chop. “The next major wave of AI innovation will focus on the application layer, where startups will build specialised vertical AI software-as-a-service (SaaS) companies for global markets,” he said. 

Goswami further elaborated that with robust foundational models like Anthropic, Cohere, and OpenAI, along with infrastructure companies like LangChain and Hugging Faceadvancing rapidly, we’re …