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According to the article, they plan to train private models. They claim to have done R&D that makes them more efficient at training models.
by elil17 4y ago
According to the article, they plan to train private models. They claim to have done R&D that makes them more efficient at training models.
- pclmulqdq 4y agoDoes that sound like a $1 billion business to you? Even at 6 figure profit per model, they are going to need to build up a huge sales arm to do enough business for that valuation. I think they are expecting to become some sort of artist's tool, but since the model is open source and artist's tend to have good GPUs, Adobe can crush them by putting their own model (or a similar proprietary model from Adobe) into photoshop.
- elil17 4y agoIt does not at all. I agree with you.
- qeternity 4y agoIt does not imo but also seems like a cheap way to back a possibly asymmetric group. The valuation is not the hurdle for investors, as they will have seniority (likely with a multiplier) in any liquidity event. Does it seem like this group is moving quickly and making waves in a potentially huge market? Yes. Is this still a lot of money and very risky? Also yes.