Great article! Kevin, I am wondering if we can translate your blog into Chinese and post it in AI community. We will highlight your name and keep the original link on the top of the translated version. Thank you.
"In the long run, Nebius’s outright ownership of its AI infrastructure versus CoreWeave’s debt-fueled contract-collateralized “ownership” may prove to be the difference, as Nebius probably has a longer runway than CoreWeave to figure out positive, sustainable unit economics."
From a macro perspective, CoreWeave is more cyclical and would benefit more from falling interest rates whereas Nebius would be more likely to survive a stagflationary period, where interest rates stay elevated.
Great article! Kevin, I am wondering if we can translate your blog into Chinese and post it in AI community. We will highlight your name and keep the original link on the top of the translated version. Thank you.
sure! can you send me the link when you publish the translated version?
Here is the link, Thanks you! Btw, Together.ai vs. Fireworks is also worth discussing as a similar topic about AI Cloud, if you're interested. ^_^ https://mp.weixin.qq.com/s/YTP57BGjXVxWA5N2zuDECA
Great post, learned a lot.
If their IPO tanks, Nvidia should just acquire them ETA 2027.
"In the long run, Nebius’s outright ownership of its AI infrastructure versus CoreWeave’s debt-fueled contract-collateralized “ownership” may prove to be the difference, as Nebius probably has a longer runway than CoreWeave to figure out positive, sustainable unit economics."
From a macro perspective, CoreWeave is more cyclical and would benefit more from falling interest rates whereas Nebius would be more likely to survive a stagflationary period, where interest rates stay elevated.
Good post. Competing with Dylan I see ;)
ha! hardly. I do these analysis regularly as an investor, might as well publish some once in a while.