20% of AI company margins go to the cloud
Greg Osuri, CEO of Akash Network, Decentralized Cloud | Blockchain Interviews (Crypto Coin Show)
“The most attractive area for us to focus is machine learning… because that segment is currently suffering with the immense cost problem… [an Andreessen Horowitz] report recently… stated essentially 20 [percent] of margins tend to go to the cloud. It’s extremely hard being a growth stage AI company that’s trying to survive in this increasingly prohibitive layer called cloud.” — 00:05:43
Context: Captions garble “Andreessen Horowitz” as “and do some horrible throwing”; refers to a16z’s “The Cost of Cloud” analysis. Stated as reason ML is Akash’s next market.