That's the market cap of Saudi Arabian Oil Co, or Google + Amazon + Apple
Wait for 3-4 more years. Any enterprise never needs more than a well tuned xgboost. I firmly believe all they are doing is over inflating a new tech with firm use case. Look at all three llm startups all of their USP are document retrieval and search. These things have been done in industry for years. I can’t see any incremental goodness from forced and FOMO induced LLMs.
There is no still a lot of things to be accomplished in information retrieval. Search is the biggest tech and monetization feature
It's not just document retrieval and search right? It feels like ChatGPT can generate basic code without purely copying answers off of the internet.... Correct me if I'm wrong.
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Skynet
To me this article looks like an oversimplification of calculations. True, there’s no competition for Nvidia (which in itself a fabless company). So they need to build FABS over the years with investors lock-in themselves for multiple years.
Abu dhabhi is quite aggressive on semiconductor ecosystem. They are the biggest shareholder in GlobalFoundries, and trying to train emiratis from 2012 (or even before), yet they aren’t able to build something within their boundaries. TSMC being a Taiwanese player is hedging assets across the globe because of local geo-political issue. So, maybe MAYBE I see a convergence of #1 & #3,4 fabs of the world. With poor demand forecasts and abysmal quarterly results, convergence is good!
For Altman - Aaah, new chips, I can run my LLMs faster fellas! A private LLM ecosystem🤩
