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I thought it’d have something to do with tech author and Dart programming language guy: Bob Nystrom aka @munificentbob.

I assume the name is referring to the Nyström low-rank matrix approximation.

Yannic kilchers explanation of the nyströmformer is really good and clear (though it might help to understand transformers to start out with) https://youtu.be/m-zrcmRd7E4

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