Like it takes time to make lots of money and it’s really hard to build state of the art models.
Reality is this market is huge and growing massively as it is so much more efficient to use these models than many (but not all) tasks.
At stability I told team to focus on shipping models as next year is the year for generative media where we are the leader as language models go to the edge.
To my mind they just seemed to be responding to the slightly clickbait-y title, which focuses on the valuation, which has some significance but is still pretty abstract. Still, headlines love the word "billion".
The straight-news version of the headline would probably focus more on a16z's new round.
The thing is I don’t want the pro-open-source players to fizzle out and implode because funding dried up and they have no path to self sustainability.
AGI could be 6 months away or 6 decades away.
E.g Cruise has a high probability of imploding. They raised too much and didn’t deliver. Now California has revoked their license for driverless cars.
I’m 100% sure AGI, driverless cars and amazing robots will come. Fairly convinced the ones who get us there will be the cockroaches and not the dinosaurs.
AGI is a bit of a canard imo, its not really actionable on a business sense.