Stephen Balaban
8 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Jun 18, 2026 by Stephen Balaban · across every show →
On the record as a speaker too: Stephen Balaban's record, appearances and statements → this page counts the times other people say the name.
Everything said about Stephen Balaban, oldest first
Jun 18, 2026
Balaban: Backwards pass accounts for two-thirds or more of training compute
“Generally speaking, when you're doing a training run, you might think that you might be some sort of split between the backwards pass and the forward pass on the model. And the backwards pass might be, let's say, two thirds or more of the compute and the forwa…”
Jun 18, 2026
Jun 18, 2026
Balaban: Gigawatt AI clusters require up to $45B for servers alone
“If you were to talk about the capital stack, let's say you can go back down to power generation, two to three million dollars a megawatt, two to three billion dollars a gigawatt for a power plant. The data center is between 10 and fifteen billion dollars a gig…”
Jun 18, 2026 positive
Balaban: Complex GPU financial securities may eventually emerge as compute matures
“I think that the, that market is starting to mature that, that, that may be an eventuality is having more complex securities that surround GPUs. But I think for right now, people are starting to realize that it's a great credit investment and that's what's cha…”
Jun 18, 2026
Jun 18, 2026 bullish
Balaban: Everyone in the US will eventually require at least one GPU
“I believe that in the future, everybody in the United States will need the computational power of one GPU or more to just do their daily work You know, enjoy life, whether it's getting access, whether it's getting entertained, whether it's being productive, wh…”
Jun 18, 2026 bullish