  So yeah, I am pretty sure that if that's the sentiment from software people at the major-major financial company, Coreweave is cooked.

The ironic thing is, your friend is still trying to get compute, which by all indications is still extremely scarce.

So there seems to be a huge mismatch: demand hasn't waned, but the narrative around AI has changed in the last month.

▲ cm2187 39 minutes ago | parent | next [-]

There is no secret about the mismatch. Voters last week have elected people who are openly hostile to datacenters, and for some of them hostile to AI outright. The demand is there (at what price is a longer term debate). But if you can't power on new datacenters this doesn't do any good.

To give you an idea of the scale. US has currently about 50 GW of DC online. Depending on the source, you are looking at between 60 GW and 400 GW of new DC currently planned. For reference the total dependable capacity of the US grid is around 1000 GW.

I think there is a scenario where compute cost sky rockets while chip prices crash, as they end up unused in warehouse because of the lack of power and DC capacity.

▲ otabdeveloper4 3 hours ago | parent | prev [-]

Of course there is still demand for RAM and SIMD compute!

But also hoarding hardware in glorified warehouses is not the genius business idea everyone thinks it is.

▲

aurareturn 2 hours ago | parent | next [-]

I'm assuming his friend's finance company is planning to make use of the cloud compute they find in some finance workload.

I don't think they're buying GPUs outright to store in a warehouse.

▲

dist-epoch 2 hours ago | parent | prev | next [-]

Any sort of hardware produced in the last 5 years has at least doubled in price. Some, like RAM are 3-5x more expensive.

So whoever hoarded it in warehouses could sell it now immediately for at least 100% profit.

They seem like geniuses to me now, worst case they make 100% profit on the investment.

	▲	ahartmetz an hour ago \| parent [-]
		It's only RAM, mass storage and GPUs. Desktop CPUs, mainboards, PSUs, and cases have become cheaper because PC building demand has declined. Peripheral prices have remained largely unchanged.

▲

tourmalinetaco 2 hours ago | parent | prev | next [-]

Naturally; it should be hoarded in my glorified homelab, where I can more readily listen to the sweet purr of fans.

▲

41353aab an hour ago | parent | prev [-]

[dead]