The AI buildout shows no signs of slowing. And with hundreds of billions of dollars a year going into data centers and GPUs, compute has become the single biggest cost for anyone building AI products. But for all that spending, there still isn’t a straightforward way to put a price on compute — or for firms to hedge their exposure when the price changes.  Silicon Data […]

April - 1805

Napoleon is master of Europe

Only the British fleet stands before him

Compute is now an asset class

I see it is once again time to talk financial innovation. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are all working with Nvidia to put together $500 billion in financing to turn compute into an asset class.

"This is really the first time that technology chips have become an investable asset class," Nvidia CEO Jensen Huang said to CNBC. "These are revenue-generating assets now. They're productive, they're long-lived, they're fungible, they're flexible."

"This is the very beginning, like what it was whe …

Read the full story at The Verge.

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