Knock_Knock_Lemmy_In

@Knock_Knock_Lemmy_In@lemmy.world · Joined ⁨Jun⁩ ⁨2023⁩

Replying to @⁨Haarukkateroitin@sopuli.xyz⁩

Softbank’s $40bn loan will be called on March 25, 2027. If they can’t roll this over it’s the banking equivalent of a margin call.

SoftBank Group Corp.Execution of Bridge Facility Agreement Primarily for the Follow-on Investments in OpenAI | SoftBank Group Corp.SoftBank Group Corp. today announced that it entered into a bridge facility agreement with a total facility amount of USD 40.0 billion (JPY 6,384.0 billion*1).

Replying to @⁨eestileib@sh.itjust.works⁩

Current marginal cost is certainly negative.

The expectation is that development costs will get cheaper (model design solidifies), Training costs will get cheaper (no need to retrain the whole model) and running costs will get cheaper (datacenter economies of scale).

All this is still true.

OpenAI, anthropic, Google etc. will generate excessive by being able to charge more than cost because their models are vastly superior.

Is likely to be false.