Where do you have this "capacity" limit from? I can get as many H100s from GCP or wherever as I wish, the only thing that is capacity limited are 100k clusters

Where do you have this "capacity" limit from? I can get as many H100s from GCP or wherever as I wish, the only thing that is capacity limited are 100k clusters ala ELON+X, but what DeepSeek (and the recent evidence of a limit in pure base-model scaling) shows is that this might actually not be profitable, and we end up with much smaller base models scaled at inference time. The moat for Nvidia in this inference time scaling is much smaller, also you don't need the humongous clusters for that either you can just distribute the inference (and in the future run it locally too).