My feeling is that its a difference in how funding works in different places. The USA will go all in with the populations pensions on a gamble, the Chinese subsidize. This way of operating is typical for the EU.

> Being one year behind is a skill issue

E.g. if you are an AI researcher in Europe you can just go to USA and make generational wealth. This is not a criticism of the EU model, but rather insane American capex effectively monopolizing.

> I think the most of the money would go to purchase hardware,

So it's not a skill issue?

> > I think the most of the money would go to purchase hardware,

> So it's not a skill issue?

I meant by offering sovereign cloud/inference, not for training. But even if it was for training, Chinese labs have limited supply of GPUs, look what they've done. So it is a skill issue.

Also to clarify, I didn't mean European engineers' skills, I meant "you get what you pay for" as a company, that's why I hope they start offering better compensation to retain talent.