[satvikpendem]

Well, at least this time a16z is giving money to actually useful technologies instead of bloviating about the world changing potential of cryptocurrencies. I imagine they've written down most of their cryptocurrency investments at this point.

That being said, these are some great grants for local LLM builders, local computation for such powerful tools is needed, and will continue to be needed, as industry incumbents like OpenAI continue to not release their models.

[zitterbewegung]

Don't VCs basically chase everything because they only rely on 10% or less to succeed but, that 10% needs to have at least 10x or more profit and then they do another round?

[espadrine]

I had become honestly cynical of their actions in the past, as they felt hype-driven and externalities-blind. Yet I don’t see how this grant could become rapacious. Hopefully it is an attempt at cleaning the brand which can work as making amends.