This has to be one of the quickest valuations past a billion. I wonder if they can even effectively make use of the funds in a reasonable enough timeline.
> I wonder if they can even effectively make use of the funds in a reasonable enough timeline.
I read that it cost Google ~$190 million to train Gemini, not even including staff salaries. So feels like a billion gives you about 3 "from scratch" comparable training runs.
Your estimate seems way off given Google already had their own compute hardware and staff. And if this company is going straight for AGI there's no way $1 billion is enough.
hn_throwaway_99|1 year ago
I read that it cost Google ~$190 million to train Gemini, not even including staff salaries. So feels like a billion gives you about 3 "from scratch" comparable training runs.
greenthrow|1 year ago
udev4096|1 year ago
eigenvalue|1 year ago
slashdave|1 year ago