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Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter
(www.theregister.com)
This is a most excellent place for technology news and articles.
Re: your last paragraph:
I think the future is likely going to be more task-specific, targeted models. I don't have the research handy, but small, targeted LLMs can outperform massive LLMs at a tiny fraction of the compute costs to both train and run the model, and can be run on much more modest hardware to boot.
Like, an LLM that is targeted only at:
The more specific the model, the smaller the LLM can be that can do the targeted task (s) "well".
Yeah I agree. Small models is the way. You can also use LoRa/QLoRa adapters to "fine tune" the same big model for specific tasks and swap the use case in realtime. This is what apple do with apple intelligence. You can outperform a big general LLM with an SLM if you have a nice specific use case and some data (which you can synthesise in come cases)