While I agree the numbers don't make any sense, for reasons too numerous to enumerate, what matters for the valuation is not how it works, but what it can do.
So if an ML model can do real time language translation or drive a car - that has value - whether it's remixing or thinking or whatever doesn't really matter.
So if an ML model can do real time language translation or drive a car - that has value - whether it's remixing or thinking or whatever doesn't really matter.