General Compute just raised a $100m Series A.
Its valuation was $60m in May compared to $800m now. ~13x in about five months.
They're funding it with up to $400m of debt to buy SambaNova chips.
In the same week, it was reported that CoreWeave sat at a 12-month low.
And
@elonmusk predicted "guppy-level death" for 200+ neoclouds.
So, what's the moral of the story here?
When investors can't agree on what compute is worth, compute carries price risk.
Debt-financed chips are collateral, and lenders need a mark on that hardware, not a guess.
Inference is spreading across more silicon from Nvidia rivals.
Different chips, same building blocks underneath: memory and storage.
That's where we come in.
Transparent oracle prices for compute components.
$RAMX (memory) and $NANDX (storage) are live today, with more components coming.
No matter which side of the neocloud debate you fall on, one thing is certain: compute prices change.
Amoeba Farm lets you trade that change and rewards you for being right.