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meta researchers from eu will create new company and build model using knowledge they have.
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In an imaginary world yes. Just because they know how, doesn’t mean that they can. It’s not like you can code a new model, you need compute power to train it, which they don’t have in EU.

Also meta could just take the best mind in EU research centres to US with millions of dollars as yearly payments

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I agree is that money is an issue, but not geo-boundaries. If EU decides to commit XXXB they may have a chance to catch up eventually.
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