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by kikimora 99 days ago
Why would anyone use 200M model when 1B model is available? The company increase its bet with each iteration increasing risks. It blow up at some point because it cannot guarantee 2B return after 1B investment.

To GAAP point - 200M or 1B or 10B is not a loss but cash converted into an asset. It won’t affect the bottom line at all. Unless the company re-evaluates the asset and say it now cost 1M instead of 200M. This would hit the bottom line.