20VC: Nebius Co-Founder on AI Infrastructure Bubbles | The Real Impact of Open Source on OpenAI & Anthropic | How Price Elastic is Demand for Compute | Could Nebius Sell 10x More Compute If They Had It & more with Roman Chernin
Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
who has power against NVIDIA. We are in the capital-intensive game and we're competing with the most capitalized companies in the world. Our Capix program this year is $2025 billion. Our competitors, hyperscalers, have eight times bigger in the next six months. The capital cannot help.
Six months is too short time. You have what you have, you need to deliver. Consolidation. Yeah, I think that the main threat for Nebbios as a business is the world will be too much consolidated. It's like a shark.
You're alive when you move, right? So we have to move. The AI infrastructure race is on. CapEx spend has never been greater. At the center of this, Nebius.
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