Baker notes seven-month GPU rental price increase from mid-$2 to nearly $4 per hour is surprising.
“And they're hoping seven months later to pay just under $4. Like, you know, just you hear this today. And that's, like, that's pretty crazy”
Baker reports inference cloud expects to pay 100% more for Blackwells when contracts expire, showing hyperscalers are underearning.
“They went on a podcast, and they essentially said, we are planning to pay 100% more for Blackwell's when our contract expires. And that just means that essentially all the hyperscalers are under earning.”