Gurley expresses skepticism about sovereign server stacks, comparing them to Microsoft's failed NT server-per-employee pitch given rapid depreciation.
“So I would just, there was a time at which Microsoft was trying to convince the world that we'd all need an NT server for every employee.”
Gurley calls plans to compete with Nvidia radical given existing competitors like AMD already have decades-long head starts.
“There are already people competing with Nvidia. AMD's competing with Like, there are other people that have somewhat of a head start.”
Gurley notes TSMC announced 20% across-the-board price increase as expected proof point of supply-demand dynamics.
“Another thing that came out this morning that I was kind of waiting on as a proof point, because it didn't make sense to me that it hadn't happened yet, TSMC said they're gonna do across the board 20 price increase.”
Gurley questions hardware implications if LLM differentiation shifts from pre-training to inference focus.
“if the world shifts to inference sooner or faster, and if the path of differentiation for the language model companies becomes more inference based than pre training based, what does that mean for the hardware systems that people are using?”
Gurley says Stargate will be a property-owner and operating-company structure with one owning and the other leasing.
“People are telling me it's gonna be a prop co op co structure, which I didn't even know it was twenty four hours ago, but it's it's like a one person owns the property.”
“Different states, counties, and cities trying different things. Beautiful and effective competition of policies. I doubt any tax bills are going down in NY State. https://t.co/7zbeckyx8l”