Kyutai is a French AI research lab with a $330 million budget that will make everything open source
techcrunch.com
The article is about Kyutai, a French AI lab with an objective to compete with chatgpt and others with full open source (research papers, models, and training data).
They are aiming to also include the capability to use sound, image, etc... (according to this article (French) https://www.clubic.com/actualite-509350-intelligence-artificielle-xavier-niel-free-et-l-ancien-pdg-de-google-lancent-kyutai-un-concurrent-europeen-a-openai.html )
The post article also talks about some French context.
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330m is not much.
It's more than 0m
Which is more than -$1.00.
Maybe they can buy... three nVidia GPUs and electricity to run them!
In that case, I'll let them get a discount on the one I'm selling... Now only $100m.
That's thousands of salaries for a year, that's not too bad for an unknown company. More than enough to produce something that can attract more funding. Many startups became successful with less funding.