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Comment by KeplerBoy | Hacker News Reader

To be fair, Hochreiter seems pretty confident that this will be a success.

He stated in interviews "Wir werden das blöde GPT einfach wegkicken" (roughly: We will simply kick silly GPT off the pitch) and he just founded a company to secure funding. Interesting times.

Someone gathered most of the available information here: https://github.com/AI-Guru/xlstm-resources

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With all due respect for his academic accomplishments, confidence in this domain in the current climate is usually a signal towards potential investors; it can be backed by anything between solid work (as I hope this turns out to be) and a flashy slide deck combined with a questionable character.

Which is a legitimate stance.

Being a researcher at a public university in a country that doesn't exactly splurge on this kind of research he has to get creative to get any meaningful amount of funding.

To say the least. It's a bit unfortunate that there is about 0 culture in the EU regarding moonshot projects compared to silicon valley. I've tried to get money a couple of times from government grants for (yet another..) foundational AI model, neuroscience inspired, but the grants instead seem to almost exclusively go to well developed industrial companies that now wants some free money to "leverage" ChatGPT in their existing internal processes.. and being still in the research phase, the more risk-averse VCs here are not touching stuff like this either.

So I guess what's left is doing these grand proclamations that you are going to "knock the crown off OpenAI" etc. Though, some sort of vision is good to have for sure :)

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