Dylan Patel: belief

Transcript context

…Which is like close to a million GPUs. Well, each GPU is getting higher power consumption too. The rule of thumb is that a H100 is like 700 watts, but then total power per GPU all-in is like 1200-1400 watts. But next-generation NVIDIA GPUs are like 1200 watts for the GPU. It actually ends up being like 2000 watts all in. There's a little bit of scaling of power per GPU. You already have 100K clusters. OpenAI in Arizona, xAI in Memphis. Many others are already building 100K clusters of H100s. You have multiple, at least five, I believe GB200 100K clusters being built by Microsoft/OpenAItheir partners for them. It’s potentially even more. 500K GB200s is like a gigawatt and that's online next year. The year after that, if you aggregate all the data center sites, and how much power… You only look at net adds since 2022, instead of the total capacity at each data center, then you're still north of multi-gigawatt. They're spending north of $10+ billion dollars on these fiber deals with a few fiber companies: Lumen, Zayo, and a couple other companies. Then they've got all these data centers where they're clearly building 100K clusters, like old crypto mining sites with CoreWeave in Texas or this Oracle/Crusoe thing in Texas. You have them in Wisconsin and Arizona and a couple other places. There's a lot of data centers being built up. You have providers like QTS and Cooper and many other providers and self-build data centers, data centers I'm building myself. Let's just give the number to like, “Okay, it’s 2025 and Elon's cluster is going to be the biggest…” It doesn’t matter who it is.…

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