Analysis

February 5, 2024

VCs and startups love open-source AI models — but how will they make money?

Europe’s best-funded GenAI startups all started out producing open source models. But making money off of the strategy is another matter


Tim Smith and Anne Sraders

4 min read

Europe’s best-funded GenAI startups all have one thing in common: they all started out producing open-source models.

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

Deeptech & AI

Deeptech & AI

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The people, companies and trends shaping European AI and deeptech.