Comment by efficax
4 hours ago
they should be freaking out because every time the chinese labs or non "frontier" labs release a model that is only a few months behind and much cheaper than the openai/anthropic models it shows that they don't deserve their valuations
Perhaps, OR it might be that most people in the markets (think that they) are not all that exposed to the valuation AI labs and so their eventual collapse doesn't matter.
Or perhaps they consider the upside from cheap Chinese models to hedge the effect that OpenAI/Anthropic collapsing would have on their portfolios. This would make sense for (hedge funds holding) most companies: they don't really care about who supplies the AI, as long as they get it at roughly the same price as their competitors.
ironically, at my large enterprise, they aren't yet distinguishing between "chinese models" and "chinese models hosted at microsoft foundry". so far it's just _banned_. i'm not at all pretending it's like that at other orgs.