The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Are OpenAI and Anthropic Overvalued? The Open-Source AI Reality | How Token Costs Will Fall 10x And Usage Will Explode 100x | The Future Is Not One AGI; It's Millions of Specialised Models with Lin Qiao, Founder and CEO @ Fireworks

Jul 20, 2026 · 01:17:07

Listen to Episode

✨ AI Summary

Lin Qiao believes specialized models will dominate over AGI, with token costs falling 10x.
Fireworks AI focuses on inference, raising $1.5BN at $17BN valuation.
Open-source models are a reality, challenging the dominance of OpenAI and Anthropic.

Guests on This Episode

researcher (ORCID 0000-0001-6768-5647) · 1 podcast appearance

More from The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Inside Sequoia's Investment Committee: Lessons from Don Valentine, Doug Leone and Alfred Lin | How the SpaceX and Citadel Deals Went Down | What Sequoia Specifically Looks for in Founders with Julien Bek

Aug 24, 2026 · 01:18:41

20VC: The AI Bubble Will Burst: Half the Neoclouds Will Die | China: Should We Ban Chip Exports & Be Fearful of Chinese Open-Source | Mag7: Who Dies and Who Thrives: Why Meta is Meh and Microsoft is Mega

Aug 22, 2026 · 01:06:24

20VC: SpaceX Buys Cursor for $60BN | Stripe's $8BN OpenRouter Bet | Anthropic's First Profit & The Math Behind Reaching $600BN in Revenue? | Lovable and Higgsfield Raise Mega Rounds

Aug 20, 2026 · 01:13:12

20VC: Uber President on The Untold Uber Stories: Travis, China and Self-Driving | Why Autonomy Is Existential | How to Beat DoorDash to #1 in Food with Andrew MacDonald

Aug 17, 2026 · 01:06:36

View all episodes →