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As frontier AI model training costs balloon, funding is increasingly concentrated among big tech companies and nation-states rather than venture capital.

Drawn from what Elad Gil said

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semiconductors The chips and the companies that make them: NVIDIA, TSMC, ASML, and what a fab can and cannot do.

venture capital Raising money and what it does to the product: the funnel that forces hard choices, and what happens without it.

What Elad Gil actually said

  1. Elad Gil Serial entrepreneur and investor
    As frontier model training booms in cost, the emerging funders are largely concentrated amongst big tech companies (typically with strong incentives to fund the area for their own revenue - ie cloud providers or NVIDIA), or nation states wanting to back local champions (see eg UAE and Falcon).

Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us

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