Inferact CEO Simon Mo says open and closed models are converging. The moat is environment: "What really differentiates open-weight models from closed-weight models? In the end, there's not much differentiation. It's more about the distribution strategy and go-to-market strategy. Capability-wise, I don't really see a big gap, not even today." "One of the most important parts is just the data. It's about who gets what data, and then what are the environments you are building to let the model improve on itself." "For Moonshot, they have built some of the best environments for front-end coding... the ability for this model to code and then see what the rendered code is, and then continue looping in this iterative process." "Now, this is about their environment to improve the model. It's not about just source data. It's not about where they get the data from. Rather, it's who can build the best environment and who can make the most optimization and algorithmic choices to leverage all this learning from this environment." "The next year is all gonna be about that: how open-weight model labs are differentiating and really getting the model to meet the real world." https://youtube.com/watch?v=78-6dUROziQ @simon_mo_(a16z)