Naveen Rao Says AI Is Not SaaS

Naveen Rao, CEO and co-founder of Unconventional AI and earlier founder of Nervana Systems, posted that AI market dynamics, concentration, value proposition, and supply differ from SaaS because supply is tied to hardware and carries real costs. He told readers to stop applying SaaS metrics such as CAC. In the same cluster a post retweeted by Rishi Bommasani cited Ramp data indicating AI company revenues depend on a small set of customers.