QbitAI·· 19 days ago65
Neolab's first business model: Reselling GPUs
Brief overview
Neolab started making money by reselling GPUs, bundling the premium of long-term computing power leases or selling spot GPU instances, selling short-term computing power to small teams in urgent need of computing power on a daily or weekly basis, or running open-source models for inference, providing API services charged by token. At least 19 labs have not launched commercial products and are facing the temptation of monetizing computing power. Musk predicts the Neocloud industry will face consolidation and a wave of bankruptcies.
Source: QbitAI · qbitai.com