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by patwolf 620 days ago
How will they continue to operate into the future with those kinds of losses? More rounds of funding? Loans? Charge more? Most companies with losses that big would be bankrupt, e.g. GM in 2009.
1 comments

The true believers seem to think the compute and energy requirements will drop by an order of magnitude in the near future
Inference is super cheap, and getting progressively cheaper.

Greenlighting training a new foundation model is very expensive, but is also a human decision that can be postponed based on available capital.

That didn’t go well for crypto.
Crypto (at least proof-of-work) is purposefully designed to have rising per-unit production cost.