Ah, I was thinking that $20MM doesn't seem like a lot of money for someone like Carmack. Surely he could have self-funded a business himself. This explains why he didn't.
> This is explicitly a focusing effort for me. I could write a $20M check myself, but knowing that other people's money is on the line engenders a greater sense of discipline and determination. I had talked about that as a possibility for a while, and I am glad Nat pushed me on it.
Fascinating point. It has seemed like AI could produce a sort of arms race by players with the most resources because it is so compute intensive upfront.
> "Just to train a large model once will eat up 20% of this money."
Aren't these 2 statements conflicting?