Compute compute compute. 1. OpenAI increase compute spend forecast through 2030, from $600B earlier this year to $700B. 2. $AMD and Anthropic have signed a multi-billion dollar deal, where "Anthropic will purchase up to 2 gigawatts of AMD’s latest-generation chips" and AMD will also invest up to $5B in Anthropic as certain deployment milestones are met. Today's an AI news day it seems!

Compute Exchange launches secondary marketplace for $NVDA data center GPUs⚡️ The company is expanding beyond reserved compute capacity as organizations are seeking lower-cost hardware for AI workloads The newest product compliments sister company, Silicon Data, a data firm working on real-time GPU pricing

Computers don't need to be so complicated to use! I added voice to a realtime generative image system and it feels so natural. I just talk, it talks back, shows me whatever is helpful, and I can still click on anything to go deeper

Computer Networking now making its move & ranked #3# by #IBD# out of 145 sector rankings @Marketsurge While i continue to advocate selectivity within Tech given the extent of the deterioration in recent mths, it's encouraging to see stocks like $ANET $RDWR $EXTR play catchup to the CSCO, DGII of the world #InvestorsBusinessDaily# I find these multi-week base breakouts partcularly constructive as SPX is on the verge of its own triangle breakout #IBDPartner#

"Compute through 2027 is sold out." OpenAI's CFO said it on air, with no hedge. Where she's buying instead: @thefriley confirmed on @theallinpod with @chamath & others: no additional compute in 2026, 2027 "pretty limited as well." The Elon Musk anomaly - too much compute - is gone. Where she feels most short: 2030, 2031, 2032. The market prices infrastructure on a 2-year horizon. Friar buys on 6. Oracle, CoreWeave, and Nvidia are the proxies - but the real constraint is power and land. Source: All-In Podcast -

"Compute is revenues. Performance per watt is your revenues. Choosing the wrong architecture just because the chips are cheaper doesn't translate, doesn't make sense." — Jensen Huang, CEO of NVIDIA In the age of AI factories, compute is revenue — every token produced is profitable — making delivered performance per watt, reliability, and the long lifetime of these systems the core financial levers, not just peak specs. Hear Jensen explain it at his #NVIDIAGTC# Taipei keynote:

Compute isn’t venture. It’s infra with venture demand curves and utility contract structures The right comp is 90s era independent power producers, except the offtakers have stronger balance sheets and steeper demand than anything in energy history Most investors will miss it