OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds at $4B Valuation

Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by pfisherman on Friday March 03, 2023 @05:37PM (#35015986)

Would be very curious to hear what someone with some actual investment acumen thinks of this. My layman’s opinion is that I’d rather invest in the chip suppliers and cloud compute providers, who are ultimately going to be the sink for all this cash.

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by credit_guy on Friday March 03, 2023 @07:39PM (#35016917)

I completely disagree. I think GPT companies will make an absolute killing in the next few years. They can provide automation on steroids. Here [1] is a list of 10 unicorns from 2021. Everything they can do, GPT bots can do better.

Of course, the competition in the GPT space will be absolutely brutal. There's no reason to think the 10 unicorns listed there can not roll their own GPT bots. Or that 10 new GPT startups won't appear between now and the end of this year. Ah, ... make that 100.

Still, if you are a VC, you invest in what exists right now.

[1] https://www.analyticsinsight.net/top-10-ai-unicorns-that-are...

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by dragonwriter on Friday March 03, 2023 @07:53PM (#35017002)

If your “secret sauce” is OpenAI’s proprietary models, OpenAI is going to end up making all the money.

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by AbrahamParangi on Friday March 03, 2023 @08:59PM (#35017380)

How much money do the chipmakers extract from computing?

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by dragonwriter on Friday March 03, 2023 @09:14PM (#35017466)

> How much money do the chipmakers extract from computing?

What businesses have the secret sauce being the proprietary features of one vendors chips? Heck, a number of the big computing companies (in various areas) also have custom silicon.

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by credit_guy on Friday March 03, 2023 @09:53PM (#35017675)

It's actually the opposite. The article here is talking about a round of funding for an OpenAI competitor. I claim that all startups that leverage GPT have a plausible value proposition. They absolutely do not depend on OpenAI.

Here's the thing: building a GPT bot is not that difficult, you can do it with a few lines of keras, for example [1]. The difficult part is training one. Presumably once you trained one, you can train another one. That's why the maker of Stable Diffusion is valuable.

[1] https://keras.io/api/layers/attention_layers/multi_head_atte...

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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by rcme on Saturday March 04, 2023 @01:16AM (#35018662)

Number 1 on the list is ByteDance. I don’t think GPT chat bots are going to replace TikTok.

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