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Re:OpenAI Furious DeepSeek Might Have Stolen All the Data Op... by ceejayoz on Wednesday January 29, 2025 @10:48AM (#42866407)
> Valuations are based on future profits.

Which are estimated, in significant part, by the chance of a competitor arising.

If the barriers of entry are much lower than originally thought, the potential profit margin plummets.

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