Coders mock stealth team that fine-tuned an open-source LLM into a text encoder ahead of $1B round
max_paperclips · x · 2026-09-17
Quoting @mgostIH's snark: over the last two years, an unnamed team's project amounts to fine-tuning an open-source LLM into a text-only encoder that outputs question-dependent logits — implying the technical substance is far below the resources raised.
The author jokes they should swap in a VLM (maybe Energy Based too) for the next $1B seed round, so they can "gradient ascent on the grift." An AI-community drama jab at heavily funded, technically thin projects.
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