hyperscaler

“OpenAI is the most well-funded, and so they're the ones, other than the hyperscalers, they're the ones that can actually go and build, like, the gigawatt data center, which is, like, a new thing that needs to be built. It, like, physically needs to exist befor…”

“It really is you know, they built with the idea of HPC big performant synchronous HPC clusters in mind when absolutely no one was doing that. None of the hyperscalers were doing that. And then now, of course, everybody's realized AI specific data centers make …”

“Candidly, even companies like open AI, or should we say nonprofits like open AI, the problem is they're kind of in the middle, you know, they can't compete. With the hyperscalers from just access to capital perspective. If this is a capital game, they're going…”

“There's no such thing as being a ten billion dollar public company anymore. It's just like a dumb place to be. No one cares, right? You either want to be a hyperscaler, right?”

“Every major hyperscaler except for apple now, Has basically done one of these like interesting aqua hires of a foundation model lab to kind of juice up their AI efforts.”

“I think there's more leverage in the system than the balance sheets would show.”

“Mag seven minus Tesla have reasonable valuations, and the hyperscalers have more demand than they can handle.”

“It seems like the labs will Turn into sort of new hyperscalers. There will be you know, increased competition, but still very, very good businesses a la cloud.”

“So that's why you're investing two hundred billion dollars now, and in a year or two, we're gonna see insane amounts of free cash flow.”

“You had the hyperscalers and the big companies, they FOMO'd too. They FOMO'd just as hard as Leopold did, right? If not harder. So this isn't just him. It's the whole world collectively saying, fuck, I gotta go all in in AI. And it's, and who had the guts, you…”