{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"20VC: Is Anthropic\u2019s Coding Business Worth $2 Trillion? | Should American Enterprises Work With Open-Source Chinese Models? | Why 80\u201390% of Neo-Labs Die in the Next 18 Months? with Eno Reyes, Co-Founder @ Factory","description":"Eno Reyes is the co-founder and CTO of Factory, the agent-native software development platform building autonomous \u201cDroids\u201d for enterprise engineering teams. Factory has raised $220 million, most recently a $150 million Series C at a $1.5 billion valuation, from investors including Khosla Ventures, Sequoia Capital, 20VC, NEA, Blackstone, Insight Partners and Nvidia. Before founding Factory, Eno worked as a machine-learning engineer at Hugging Face, training, optimizing and deploying large language models for enterprise customers. AGENDA: 00:00 Are We Underestimating AI by an Order of Magnitude?  06:35 Why Can the Smartest AI Model Be the Cheapest?  18:51 Is Anthropic\u2019s Coding Business Really Worth $2 Trillion?  33:41 Will Continuous-Learning Models Help or Hurt Factory?  40:43 Will 80\u201390% of Neo-Labs Die in the Next 18 Months?  44:33 Should American Enterprises Work With Open-Source Chinese Models?  55:42 Must AI Founders Radically Rethink What a Great Outcome Looks Like?  1:04:30 Do Pedigree and Credentials Still Matter in AI Hiring?  1:19:17 Which Is the Biggest Threat: Claude Code, Codex, Cognition or Cursor?  1:24:20 What Seems Crazy Today but Will Be Obvious in Five Years?   ","author_name":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","author_url":"http:\/\/www.thetwentyminutevc.com\/","html":"