Gerstner contrasts today's GPU utilization with 2000 when only 7% of fiber was utilized.
“Remember back in 2000, we talked a lot about dark fiber. Only 7% of the fiber going into the ground in the year 2000 was being utilized. 7%.”
Gerstner says OpenAI will do $5B revenue this year, $10B next, twice Google's IPO revenue.
“Reports are that they'll do 5,000,000,000 ish of revenue or run rate revenue this year, maybe going to 10,000,000,000 next year.”
Gerstner says OpenAI has twice Google's IPO user count and trades at 15x forward revenue.
“average users, which we estimate is twice the amount Google had at the time of its And if you look at the multiple of the business, if you believe 10,000,000,000 next year it's about 15 times the forward revenue, which is about the multiple of Google and Meta at the time of their IPO.”