CoreWeave and other neoclouds are seeing margin expansion due to persistent GPU supply constraints allowing pricing power even on older chip generations, with demand outpacing supply for ye…

CoreWeave and other neoclouds are proving sustainable business models with rising margins and operating income as GPU constraints persist, enabling pricing power even on older-generation ch…

Enterprise AI adoption is early but sticky: 25% of S&P 500 companies now quantify AI benefits (up from 14%), median user spends <$11/month on tokens, and power users are rationalizing spend…

Enterprise token spend is declining from 'tokenmaxxing' peaks (median user <$11/month), while companies adopt both open and closed models (63% use both) with stickiness favoring incumbent c…

A 40 GW power shortfall and critical shortage of specialized electricians will keep data center supply in check for years, with political pushback (NIMBYism, state moratoriums) adding furth…

Power infrastructure cannot keep pace with AI demand, with a 40GW shortfall through 2028 and innovative solutions (bitcoin site conversion, fuel cells) still leaving 10-20% gap; labor short…

Structural shortages of electricians (labor) and a 40GW power shortfall through 2028 will keep data center supply growth checked, maintaining high compute prices and preventing oversupply.

Data center growth faces three buckets of local opposition: power bill impacts, environmental concerns (water/air), and quality-of-life issues; brownfield redevelopment and off-grid solutio…

63% of companies already use both closed and open models; switching costs and employee skill stickiness favor closed models, while specialized/cheap use cases favor open-weight, but geopoli…

US companies hesitate to fully commit to overseas open-weight models due to regulatory risk (potential bans) and business continuity concerns, while state-level moratoriums (e.g., New York)…

GPU prices have been stable for 20 days after a 20% rise; older chips (A100, MI40) maintain residual value for inference and smaller model workflows, suggesting depreciation curves are long…

Foundation Capital sees dangerous entry valuations for AI labs without commercial traction, but backs exceptional founders who can leverage AI to build faster with smaller teams, creating n…

Foundation Capital sees dangerous trend of 'lab companies' raising hundreds of millions at multibillion valuations without commercial traction; discipline required as some will fail to rais…