There's a bunch of failed AI companies who raised been $100M and $200M with the goal of training foundation models. What they discovered is that they were rapidly out paced by the large players, and didn't have any way to generate revenue.

You're right that it's enough to train one, but IMO you're wrong that it's enough to build a company around.

I imagine Black Forest Labs (Flux) is doing alright, at least for now. I still feel like they’re missing out on some hanging fruit financially though.

But yeah, you’re not going to make any money making yet another LLM unless it’s somehow special.

can you please name names? I can't think of any (but am not an expert on the space).