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ChatGPT & Gen AI:Hype, Valuations, Investment and Reality -Sponsored by Chordify

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ChatGPT & Gen AI:Hype, Valuations, Investment and Reality -Sponsored by Chordify

May 28 @ 6:00 pm - 9:00 pm PDT

This event is being promoted by many groups.

This is an in-person event.

There is a cover charge for this event.

In order to attend, please register and pay here:

[Gen AI: Hype, Valuations, Investment and Reality -Sponsored by Chordify Tickets, Tue, May 28, 2024 at 6:00 PM | Eventbrite](https://www.eventbrite.com/e/gen-ai-hype-valuations-investment-and-reality-sponsored-by-chordify-tickets-908492093307?aff=oddtdtcreator&_gl=1%2A1636spc%2A_up%2AMQ..%2A_ga%2AMTAyMzY1Nzc4OC4xNzE2NDgyNDcy%2A_ga_TQVES5V6SH%2AMTcxNjQ4MjQ3Mi4xLjAuMTcxNjQ4MjQ3Mi4wLjAuMA..)

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The Multiverse, 361 Lytton Avenue #100, Palo Alto, CA 94301

ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January of 2023, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS study.

### Top 5 ChatGPT User Statistics

* ChatGPT currently has over 180 million users
* In just 5 days, ChatGPT surpassed 1 million users
* [openai.com](http://openai.com/) gets approximately 1.6 billion visits per month

Around 65% of ChatGPT’s social media traffic comes via YouTube

* Around 12% of ChatGPT’s users are American

Top venture capital firms including Sequoia Capital and Andreessen Horowitz have invested over $300 million into ChatGPT at a valuation of $27 billion – $29 billion. Separately, Microsoft has invested around $10 billion in ChatGPT.

How will ChatGPT and generative AI change the world as we know it?
Is it all hype?

Why are leading venture capitalists and big tech firms like Microsoft racing to fund generative AI startups?

The speaker will discuss:

1. What is ChatGPT

What is generative AI?

2. How will ChatGPT and generative AI affect education, employment, the economy and society?
3. What dangers do ChatGPT and generative AI pose?
4. Should ChatGPT and AI in general be regulated?

If so, how?
If not, why not?

5. How can entrepreneurs leverage ChatGPT and AI?
6. How can ChatGPT be monetized?
7. Should certain people not use ChatGPT?
8. What’s next for ChatGPT and AI? What will be its impact in the near and long term future?
9. Why are investors so eager to invest huge sums of money into ChatGPT?

What are venture capitalists looking for when they invest in AI companies?

10. How can an AI startup company best position itself to get venture capital funding?
11. How much money is flowing into AI startups in general and how long will this last?
12. Where are the top AI startups located?
13. What are some of the most fundable AI startup business models?
14. What will the AI landscape in general look like in one year, three years, five years, ten years, twenty years, etc.?

and more!

Please come with questions, comments and scenarios.


6:00 PM to 7:00 PM Check In, Food, Networking
7:00 PM to 8:30 PM Program
8:30 PM to 9:00 PM Networking

About the Speaker:

Sanjit Singh Dang, PhD, Chairman and Co-Founder, U First Capital
Dr Sanjit Singh Dang has been a successful venture capitalist, corporate executive, board member, speaker and writer in Silicon Valley for almost two decades. Sanjit has an excellent track record of driving at least one exit every year: Pensando (acquired by AMD in 2022), Nextdoor (IPO 2021), Palantir (IPO 2020), Orb Intelligence (acquired by Dun and Bradstreet in 2020), Pinterest (IPO 2019), DocuSign (IPO 2018), etc.
Sanjit is currently the co-founder and chairman of U First Capital.

Prior to that, he was at Intel Capital where he led venture capital investments in enterprise software. He has been an investor and on the board of several companies, including True Fit (AI for eCommerce, raised $100M), Reflektion (AI recommendation for eCommerce, raised $42M), Helpshift (AI-driven customer service, raised $38M) and Enlighted (Smart Lighting, acquired by Siemens in 2018). He is also an investor in Mirantis (cloud computing, raised >$100M), GoodData (SaaS business intelligence, raised over $100M) and Arcadia Data (Big Data 2.0, raised $26M).

Organizational Sponsor:

Chordify, Inc
Helping Startups Grow
Need software development help for your startup?

Chordify provides Idea to MVP and fractional CTO services to ensure timely launches.

To learn how Chordify helps start-ups grow through offshore development and staff augmentation services, contact Ken Morris at:

Email: [[email protected]](https://www.eventbrite.com/e/idea-to-ipo-venture-capital-summit-sponsored-by-chordify-tickets-794749977577?aff=oddtdtcreator)

LinkedIN: [www.linkedin.com/in/kenmorris](http://www.linkedin.com/in/kenmorris)


May 28
6:00 pm - 9:00 pm PDT
Event Category:

This site is not associated with event venues or organizers.  It is an independent service.
Events are subject to change without notice.
Check ticketing & event links for more information.