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Want to build a startup off OpenAI? Start here | TechCrunch

Jan 09, 2024 - techcrunch.com
The article discusses the challenges and opportunities for startups building on OpenAI's technology stack. It emphasizes that while OpenAI's offerings are enticing, startups must focus on creating sustainable companies with solid, standalone products. The recent update to OpenAI's ChatGPT, which allows users to upload PDFs and ask questions about them, has been seen as a threat to many startups, particularly those that have built their businesses around a feature gap in ChatGPT. The article also suggests that startups need to add AI value beyond ChatGPT integration to stay competitive.

Furthermore, the article discusses the OpenAI management crisis, which some see as an opportunity for new challengers to rise and for startups to avoid vendor lock-ins. It also provides advice on developing a generative AI copilot for businesses, with the first step being to commit to building the best dataset in the world for the task at hand. The recent turmoil at OpenAI, including the ouster of co-founder Sam Altman, is seen as a potential catalyst for the creation of a new generation of AI startups.

Key takeaways:

  • OpenAI's technology has led to a surge of startups building on its models, but experts warn that a sustainable company needs a solid, stand-alone product, not just AI integration.
  • Startups are being advised to add AI value beyond just integrating ChatGPT, as the AI hype increases and competition grows.
  • Best practices for developing a generative AI copilot for businesses include starting small and focusing on building the best dataset for the task at hand.
  • The recent management crisis at OpenAI is seen as an opportunity for new AI startups to rise and avoid the dangers of vendor lock-ins.
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