That’s around ~$4-6 million in hardware cost (one rack, 72 GPUs + accompanying hardware).

Many AI shops are funded well into tens of millions if not hundreds, for early rounds.

Also the team size is really small (< 10???). So yes, indie might be a stretch but still very impressive, relatively speaking.

Now taking the other side, they didn’t have to worry about hosting/billing/subscriptions or any of that yet. It’s a research demo at this point.