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No. There can be tremendous value in AI, you just won't find it here. The reason is that Stability.ai gave away everything for free. Until recently, they didn'
by echelon 3y ago
No. There can be tremendous value in AI, you just won't find it here.
The reason is that Stability.ai gave away everything for free. Until recently, they didn't even attempt to charge money for their models.
I've heard the only reason they're not already closed up is that they're reselling all of the rented GPU quota they leased out years ago. Companies are subletting from Stability, which locked in lots of long term GPU processing capacity.
There's no business plan here. This is the Movie Pass of AI.
- __loam 3y agoIt will be interesting to see when OpenAI gets as open about their costs as their revenue.
- yreg 3y ago> the only reason they're not already closed up is that they're reselling all of the rented GPU quota They have raised 110M in October and they say that training a particular model costs them hundreds of thousands $ in compute costs. They don't lack money.
- baobabKoodaa 3y agoThey needed to take an emergency $50M loan after that, so it clearly didn't last long