CapEx

“If you look at the big four, they're gonna spend two hundred and twenty billion this year on CapEx, you know.”

“I think when you look at the streets estimates for capex, they're all far too low.”

“In their most recent quarter, they did about twenty billion in capex bill, and you just, you know, he said earlier in the year, which caused, or a couple of days ago, which caused a bit of a kerfuffle that they expected to spend eighty billion in capex this ye…”

“Microsoft, I think, is spending 80% of their free cash flow, right, on CapEx.”

“The reflexivity already starts to take place, everything you just described. And once it does, some of it is certainly self-reinforcing, so you start decommitting capex, you start decommitting you know, basic capacity on different manufacturing lines, planes, …”

“If you add them all up, it looks like to me, OpenAI would be on the hook for like a hundred and fifty billion of CapEx in 2030.”

“In 2023, their total capex was one hundred and fifty six billion. And this year it's three hundred and seventy nine billion.”