The fact they've worked on running games on linux for over a decade and still only have a 5% market cap does not bode well for them.

This was supposed to be their great moment, and they ruined it with an expensive box with subpar performance. They should have waited. Now after the hype dies down and it doesn't sell, they'll just have another black eye they have to recover from.

Look, I run linux and have for 30 years. I run games on linux and have steam on linux installed myself. But I'm not trying to fool myself and others that it's some great success story. It isn't.

Not many people run games on linux, only about 5%, amd of those nearly all keep a windows OS around to handle edge cases and upgrading firmware, etc.

This is what the fight is about. If Steam can't get linux based devices into the hands of enough people continuing to support it will remain a money pit for them for as long as they try.

Releasing the Steam box at this price is not helping their cause. They have to recover from this now.

If it turns into a Google Glass or an Apple Vision Pro and is left nearly or actually abandoned, then I think people won't be so interested.

What matters is if they make a profit throughout the product's lifecycle. Not whether they sell out on initial release.

The writing is on the wall. This thing is going to flop.

Only thing they can do now is keep it on the market, and in a few years upgrade *and* discount this thing in hopes of reigniting the hype.

If they withdraw it, the very small but existing set of current buyers will scream bloody murder about being abandoned, and if they then try and re-release, trust will already have been broken.

Just what I need, when a car nearby me crashes into a physical object, my vizor helmet is shouting "Bonzai!!!" with lighting bolts everywhere.

OTOH, training a model requires a lot of hardware and energy to do, and the money has to come from somewhere.

Do you think that China's government is going to pay for it and release it openly to the world for the purpose of goodwill towards China, or some other reason? What would it be? Or would some other groups do it?

Spending huge amounts of money to gain a foothold in AI because it helps their country is not a bad thing at all.

But my point is that the day that the USA's AI industry collapses in on itself, Chinese companies are going to also stop open sourcing their models, too.

It may sound like I'm kicking China for this, I'm not. It's just a practical take. You can't make money spending 10s or 100s of millions of dollars just to then give away everything for free and expect to make money long term. Do you agree?

But they aren't making any money releasing open weight models, and no, I don't believe they are like Linus Torvalds with some grand vision of free as is freedom AI models, but rather doing more of the same.

This is just typical Chinese behavior. Flood the market with cheap or free stuff and wait for your competitors to die off. Then you have a monopoly. (Maybe you were implying that would happen, dunno)

The exchange regulations have just been inexplicably loosened a month ago to allow this circus to happen. Beforehand, a company would have to show profitability and stability and wouldn't be allowed to be listed on an index for at least a year after its IPO.

So there is no wonder why the price is as it is. Perfect scam for wallstreet and the little guy get screwed so even better.