The Fundamentals of Business Modelling for AI Startups and Their Practical Application to a ChatGPT API Use Case.

In this lecture, you will learn the basics of business modelling, including common frameworks. We will focus on business model characteristics for AI startups and explore opportunities for creating new business models by integrating third-party AI tools like ChatGPT into your business solution. The lecture will culminate in a final exercise where we will develop together a use case for a ChatGPT API-based business idea and transfer it into a corresponding business model design.