“We have an algorithm that will determine the best model… for 99% of the tasks… we spend $15-$5 million in AI-related spend… frontier models are used only for supervision”
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Said on Prof G Markets
Prof G Markets · This EU Firm Made Billions Buying Up Forgotten Tech
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Report AI-related spend and run-rate revenue
run-rate revenue ≈ $4 billion; AI spend $15-$5 million annually
“We have an algorithm that will determine the best model… for 99% of the tasks… we spend $15-$5 million in AI-related spend… frontier models are used only for supervision”
“We have two field guys when we first bought the company at 4.5M revenue ... now eclipsing 9M run rate revenue, we still have two field guys”
“The company's recent fiscal second quarter report showed revenue growing 18% from a year ago... management raised guidance for the full year, calling for revenue and profit growth of 15% and 14% respectively”
“They spend 10% of their revenue on R&D and take a 20-50-year view.”
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