Context: Tunguz uses CoreWeave, Anthropic and data-center landlord disclosures to estimate that applications, neoclouds and inference vendors capture 92% of AI gross profit before GPUs.
From Tomasz Tunguz: Public disclosures from CoreWeave, Anthropic & wholesale data center landlords piece together the AI gross profit value chain in dollars per watt per year. At a 40% application margin, applications (40%), neoclouds (28%) & inference vendors (24%) capture 92% of total gross profit before GPU…
The internet boom built bandwidth. The AI boom is building intelligence. Mike Volpi, who helped shape Cisco’s strategy during the internet buildout, asks what that era can teach us about this one. Mike joins a16z’s Raghu Raghuram and Guido Appenzeller to compare today’s investment in GPUs, data…
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