Grace Hsiao

But for a traditional OEM, like wait for at least three to five years, right?

So there's the hardware side.

I think another very underappreciated fact on the Chinese open source model is that people don't realize.

So a year ago when I spoke to startups in Silicon Valley, they were the most cost conscious, frankly, less compliance conscious.

And

gives very little care about geopolitics, they were building on top of Quint.

Now, it's actually a lot of AI Native American enterprises building on Chinese open source.

Because we're seeing headlines on, the ROI is not like showing, it's extremely expensive for these token maxing projects, whatnot.

So, Harvey Klein,

cursor.

They've talked about using a hybrid model where they will build majority on GLM or Kimmy, but kind of like what we talked about earlier, where they use like Opus to act as a judge or a guidance.

So I think that's something where we continue to see.

And these companies are generating a lot of revenue.

And going back to the fact that like a lot of them don't even have enough capability to support the demand that's coming through.

I think that was definitely a bit of a hype.

I knew it.

No, no.

But I will say there were grandmas lining up to get it done.

Okay.

I'll answer this twofold.