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by geniium 12 days ago
> Chinese labs only have 5-10% the valuation of OpenAI/Anthropic, so massive monopoly profits aren't necessary. Profit expectations for tech companies in China are really low in general, complete opposite of the US.

It’s really amazing to see that the competition is creating better quality models for everyone - and am really happy that some of these are open source (or partially os).

Regarding the valuation, that maybe points a finger to the over valuation of the US companies ?

Interesting times to be alive.