I wonder how the US AI business model feels about all this. Seeing all the openness in the space and inference costs going down I'm not sure how they'll justify multitrillion dollar valuations. It's gonna be hard to do so based on frontier models alone.

And I don't think they're worth that and even less ethically. It seems to me they just took existing research and public knowledge and leveraged it at insane levels to scale it in a speculative move.