Patel states AI labs are projecting one hundred billion dollars in revenue by 2027-2028 with 2-3x growth.
“So, these labs are now projecting revenues of 100,000,000,000 in 2728, and they're projecting revenue keeps growing at this rate of like 3x, 2x”
Patel argues all successful non-NVIDIA AI hardware adoption has come from labs like Anthropic and OpenAI, not enterprises.
“all of the successful AI hardware adoption of non NVIDIA flavors has been Anthropic adopting TPUs. Obviously, Google doing their own with their TPUs. Or Anthropic and OpenAI now adopting Trainium, or OpenAI adopting Cerebras.”