I know all of that! :) For a reason...

But the purpose of these kinds of demonstrations (behind what is exposed) is not the final product to sell millions and become rich. But instead to demonstrate a viable A, B or C process... that either values patents and it's just an asset for monopolising value (aka planned to be acquired on purpose due to competitors fighting each other, and you wanting to xuch these kinds of things) or to steal progressively market share because you want to start making a point that evolution needs to stop because big giants are not able to evolve with so many advantageous featues on the next model (or the market does not percieve that value anymore, aka not everyone wants to be on the latest model).

Also, this is 6nm, so pretty established and probably quick to produce (just not in very large quantities). Which is part of the point of products like these. You never want a product like this for years... this is a fast alternative for inference, vs expensive GPUs that are not very accessible unless you want to pay extra premium and very large quantities.

It's also the point (starting to emerge), where you need 1 billion dollars to go from grok4 to 5, vs you will stay with grok4 for X time for 1 million and sell another product for X millions.

Same already happens with GPUs... 2 years ago (even last year ones if you are a large buyer), GPUs are already operationally more expensive because the power they consume vs performance is already not there, plus datacenter costs add up to long-term solutions like those.

Bitcoin is the same, you can have an old Bitcoin miner, and yes still works and mines peanuts, but for what costs? Yeah, some people have free electricity kind of thing... still, for a large part of the market it will have costs, like cooling etc... there's always a break-even point for large industrialisation, which is where these things are trying to tease or take advantage. Fighting against small customer B is not profitable... fighting against big giants is...

Will they manage, don't know. But either not trying... or get bought because they are making too much noise.

And for some, the second part is worth it.