Earlier quoted context omitted.
This blows Decart's Oasis (which raised $25 million at $500 million valuation) and World Labs (which raised $230 million in complete stealth) out of the water. Google is firing warning shots to kill off interest in funding competing startups in this space. I suspect that in 6 months it won't matter as we'll have completely open source Chinese world models. They're already starting to kill video foundation model compa…
> Chinese companies are not the leaders in the space, so they're salting the earth with insanely powerful SOTA open models to prevent anyone from becoming a runaway success. While it would be interesting if Chinese companies were releasing their best full models as an intentional strategy to reduce VC funding availability for western AI startups, it would be downright fascinating if the Chinese government was support…
The overall cost for the Chinese government is probably very small in the grand scheme of things. And it makes a lot of sense from a geopolitical strategy.