[kmacdough]

I would be extremely hesitant to assume a direct relationship between pricing and cost. A behemoth like Google is very willing to take significant losses for years to grow market share. Back in 2014-2015 Uber often charged less than the Boston subway, but it always cost them MUCH more under the hood. AFAIK they're still not profitable.

Chinese companies will be similarly eager for market share, but not everyone has the access to the same raw capital.

[loufe]

Absolutely this. Gemini is amazing, but I'm under no illusions that their principal goal right now is to boost their database of high quality training data with free access via ai studio. That said, custom silicon with a model made with internal teams collaborating to make use of that hardware idiosyncracies must be a massive advantage, as well.