Deirdre Bosa(@dee_bosa):“The open-model wave is not an attack on AI companies. It is the market responding to the fortune they say they are about to make. They called it forth themselves.” Gurley nails it. Open models are the market doing what markets do when incumbents are charging huge margins.

2026.07.20 15:10

“The open-model wave is not an attack on AI companies. It is the market responding to the fortune they say they are about to make. They called it forth themselves.” Gurley nails it. Open models are the market doing what markets do when incumbents are charging huge margins.

Bill Gurley@bgurley

2026.07.20 13:50

The way to think about “open” in software is being a low-cost producer (vs a high margin one). When a company (or 2) achieves record valuations in record time, that rightfully attracts competition (as it should). We need to let the free market work.