hyperscaler

“But I think for like the pure play horizontal LLMs we, I think those will largely be subsumed by the big players with maybe room for one, two, three independent companies at scale that are not in the hyperscalers, but there will not be room for 50 companies. T…”

“I think in 10 years time, maybe they'll cost tens or hundreds of billions. And so there's just not very many entities that have that much discretion and capital to invest into these AI models. So naturally what will happen over time is AI effort, the foundatio…”

“I think these companies have an imperative because of the potential impact of AI to spend and, You know, the capex numbers are mind-boggling, but I probably would do the same thing.”

“All of the major hyperscalers are doing multi-billion dollar commitments to green energy companies saying, if you can deliver the energy, We will pay you the, we will give you the initial customer capital to build that.”

“It's hard to see it at existing levels, and think about, I think half of NVIDIA revenue today is from these five hyperscalers, so, and if they are all in the business of building, it's kind of, I think it's hard, but obviously NVIDIA has such an important, you…”

“If we had shipped the same quality product that some of these hyperscalers have shipped, we'd be out of the market a year ago, but they probably still have their jobs right now.”

“The hyperscalers have taken very good, cash-efficient businesses, and they would break Mr. Buffett's heart because they've turned them into CapEx hearts.”

“Someone, at some point someone's going to depreciate all these Nvidia chips and someone's going to have to pay for them. Right? So I do. And I'm sorry to get, I do think there might be a slowdown at some point in time, but right now there's no evidence of it w…”

“When you look at the hyperscalers, just take them, for example, you look at, you know, 20, 24 to 20, 27 estimates, it's a trillion dollars of capex they're putting into the ground.”

“My big takeaway is not all the AI stuff is working for the hyperscalers. My big takeaway is all their existing businesses are working so well and kicking off so much cash that they can keep doing this for the next year, and they said they're going to keep doin…”

“Core weave, if core weave struggles, if it can't service its debt, if it can't raise more debt through this weird through, through the hyperscalers guaranteeing it, that's where we'll see, even if there's just a bump in this cycle, that's not that, that doesn'…”

“If you just want to make money, probability adjusted, you should just go get a job at a hyperscaler. You will probability, probability adjusted, you'll make more money. So you don't start companies to make money. You start companies because you love what you'r…”

“That's how the hyperscalers feel. So of course they're going to be spending like drunken sailors because the alternative is that they're completely locked out of their business. So it's not a purely economical framework that they're using. It's a, do we get to…”

“So when you hear the hyperscalers talking about that, you know, seventy five billion to a hundred billion dollar a year investment, because they're building out the capacity for data centers, they're putting a lot of money up for returns that they're expecting…”

“I mean, most of the hyperscalers GPU capacity is sold out for the next two years.”

“We don't need the government's help to finance AI, the AI CapEx. The hyperscalers have infinite money. The private markets have had infinite money. The public markets are pretty hot to trot. So all the money these guys need to play their game is going to be th…”

“I just don't believe the hyperscalers are going to buy these companies.”

“I think, and I could be wrong, I think in the end the value will accrete mainly to the model providers and everyone down the stack that's selling to them, even though they're all making out like bandits today, starting with the memory guys all the way up to th…”

“All these companies are on fire because the hyperscalers and the model companies have decided to spend, you know, roughly three quarters to a trillion dollars a year building shit, and 50% of that goes to Nvidia, 10% of that goes to power, 10% of that goes to …”

“I think it has been NVIDIA's strategy to try and create competitors for the traditional hyperscalers. They have funded and backstopped and over allocated to the neoclouds. They have created a dependence, which is probably not healthy.”

“I mean, one of the big tech companies that runs like a hyperscaler, let's call it has one of our direct competitors has 130 full-time employees that work at that company that have badges that show up to work every day that run their logistics for them. And we …”

“If there is a dislocation, no one is better prepared to survive it than hyperscalers. I mean, all the hyperscalers have enough ongoing business and they've been very consistent. That's why they're worth what they're worth. The magnificent seven is there becaus…”

“All the hyperscalers have taken on much more debt than they ever have before”

“I think a lot of the hyperscalers in Frontier Labs are going to be very relevant providers in the chip ecosystem.”

“And even companies that I thought would never be going back on prem are talking about going back on prem. Like some of the most innovative digital native companies in Silicon Valley are now thinking about moving their stack from, you know, one of the hyperscal…”