Not surprised. You need massive amounts of compute for training LLMs from scratch, but practical uses of LLMs are increasingly focused on using existing models with minimal or no tweaks, which requires far less computing power.
They have been doing it for years
"Bloomberg fined €5m over report of fake news release" - https://www.ft.com/content/32013b6a-202f-11ea-b8a1-584213ee7...
"Supermicro Statement on Bloomberg’s Claims" - https://www.supermicro.com/en/pressreleases/supermicro-state...
After Bloomberg reported a subpoena was sent to Nvidia and other unnamed technology companies...
"Nvidia Denies It Was Subpoenaed In Justice Department Antitrust Probe" - https://www.forbes.com/sites/antoniopequenoiv/2024/09/04/nvi...
For example, here's another article from MarketWatch citing this same research note -- https://www.marketwatch.com/story/the-research-note-thats-ra...
Leads me to lend more credence to the news even though OP is linking Bloomberg.
Bloomberg seems to be a player in the market, or at least it is affected by players in the market.
It always publishes news in good rhythm with the market.
this article is just a reference, still need to wait for Microsoft's announcement
Getting reporting wrong is not the same as FUD.
Yes, this is absolutely FUD.
This is the insistence to spread FUD for … some uncertain aim.
Perhaps it hitting all these various firms, in order to leverage their strong reputation, to cause the price to drop, allowing someone - perhaps Bloomberg himself, to make a profit off of it.
No no, I know I sound like a conspiracy theorist now. But my eyes were opened by the sharing of the story.
The fact that FT, WSJ, Fox or a million other sites haven’t latched onto this obvious scheme, is heinous, and once again a sign of our completely captured media.
We can INVENT goals here, to FIT the conclusion we have already reached - that Bloomberg is spreading FUD.
But this is because we have already concluded, and are now finding things to fit our conclusion.