Gurley notes AI companies have raised billions of dollars each at unprecedented levels despite being early stage startups.
“So yeah, you could call them early stage startups, but you could also I mean, who they've raised billions of dollars each, you know,”
Gurley notes Zippu raised $1.4 billion and appeared on OpenRouter leaderboards, illustrating rapid Chinese AI emergence.
“I go on PitchBook and I look it up and they've already raised $1,400,000,000. So shouldn't have been a secret, but I didn't know about it, you know.”