It costs like $50M to build a next gen model, so if what they want to pitch is training next gen models it makes sense they get $100M to try. Similar to Hippocratic AI $50M seed raise. If anything this founder team seems more legit.
https://www.forbes.com/sites/katiejennings/2023/06/12/lawsui...
I think Hippocratic is interesting because their leadership is business focused and not very technical, while a lot of other new foundational model cos are led by technical people. I’m curious how this shakes out.
It's a web blog. Not a "Forbes piece"