Happy Tuesday, Brex Community! | The momentum of open-weight models (e.g., Moonshot, Deepseek, Z.Ai, etc.) is high right now. The data supports this, as do the conversations I’m having with founders. Take a look at the images below. Closed-weight models (e.g., Anthropic, OpenAI, xAI, Gemini) are still the leaders when it comes to spending, but they are facing serious challenges, and the question is whether they can hold off the competition. | The days of tokenmaxxing on closed models are over; it was a great way to get developers and employees engaged with AI from 2025 through 2026, but finance teams have had enough. As finance leaders head into 2027 planning, token costs are under scrutiny. The bullish case for closed models is that there are still many companies and industries that haven’t adopted AI yet, so the total addressable market is growing, and closed-weight models are easier to adopt if you are not technical. | There are two events Brex is co-hosting next week in NYC related to this topic: a founders-only dinner on September 30th and a panel & mixer on September 29th. It will be a great conversation if you are in the room. | | | | | Have a great week. | Shai Goldman | | Events you might see us at - subscribe here - all focused on Founders, VCs & Finance leaders: | Sept 25 - NYC - Brex Social Club - for VC backed Founders - Apply Here | Sept 29 - NYC - Vercel, Extend, Baseten, Brex - for technical Founders & devs - Apply Here | Sept 30 - NYC - Brex Supper Club with Concentrate AI - for native AI VC backed Founders who are using LLM gateways - Apply Here | Oct 6 - SF - founder coworking during SF tech week - Apply Here | | Sign up here for Brex and receive $1,250 towards Brex Travel or $750 cash | Brex is the intelligent finance platform built for speed and control. Combining corporate cards, banking, treasury, expense management, bill pay, travel, and accounting, Brex helps companies spend smarter and move faster in 120 countries. By integrating AI across every workflow, Brex enables founders and finance teams to eliminate manual work, do more with less, and accelerate impact. More than 35,000 companies from startups to enterprises run on Brex, including Anthropic, OpenAI, Cursor, Granola, ServiceTitan, Robinhood, DoorDash, etc. | | | | | |
|
