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The point is that one doesn't need billions to create useful models — there is no reason they would need new foundation models in the first place — and that 'ru
by ricardobeat 1y ago
The point is that one doesn't need billions to create useful models — there is no reason they would need new foundation models in the first place — and that 'running out of money' is unlikely to have been their main problem, 250M should be more than enough to create an AI website builder.
- pyman 1y agoI get what you are saying, but you're missing the most important piece of the puzzle: the data. Everyone talks about models and infrastructure, but without the right data, you've got nothing. And that's where the biggest hidden cost is. According to the company's own website, they were creating the data themselves. Labelled datasets, transcripts, customer conversations, documents, and more. That's where the real money goes. Millions and millions.