3 ms·
Why do they both need to keep borrowing so much money if the margins are so fat?
by etempleton 2mo ago
Why do they both need to keep borrowing so much money if the margins are so fat?
- tristanj 2mo agoDemand for compute is growing 10x year-over-year, faster than inference profits can fund expansion. At 80% margin the payback period is 1.25 years. Cash flow can't keep pace with that scale.