$12,000 gets you 1Gb/s networking and vanilla Ubuntu 24.04. Napkin math on the hardware it looks like margins are around 50% which feels like a school fundraiser where everyone pays what is obviously way more than normal retail price for X because "it's for the children."

I'm not sure what tinygrad is but I assume the markup is because the customer is making a conscious choice to support the tinygrad project. But what's unusual is there is apparently no reason whatsoever to buy this hardware, even if you plan on using tinygrad exclusively for your project. At least with System76 hardware I get (in theory) first class support for Pop!_OS.