Gmoney takes apart Burry's AI bubble thesis with the datacenter numbers “I just think he fundamentally misunderstands what's going on here” “Between CoreWeave's and Nebius's numbers yesterday and their conference calls, CoreWeave on Tuesday night, Nebius yesterday morning, they basically were saying that they are now redoing long-term leases for the A100s, which are like four or five years old already, for another three years, at higher rates than they were being previously rented for” “So that pretty much breaks down his entire thesis” “His original thesis for why there was an AI bubble is that these companies were depreciating it over six years, but the useful life was only three years, so they were doing financial accounting in order to take advantage of these accounting rules” “And that really just shoots that bear thesis right in the head, puts it out back to sleep”