Dina Bass

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Right now, no one is getting everything they need.

And that's, you know, CoreWeave, OpenAI, Microsoft Meta.

Nobody's getting as many chips as they want.

It's an existential question.

However, there's a lot of long-range planning occurring at present.

The commitments that OpenAI and these ecosystem partners are making are stretched out over a very long-term horizon.

And as Dina mentioned, I thought she summarized it well, nobody can get what they need yet.

So it's going to be an ongoing process of seeing allocations, seeing revenues, seeing costs drop,

seeing funding, seeing improvement across the ecosystem, which will reinforce investor confidence in this.

I think there's a strong belief that there is ROI, but investors are paid to evaluate risks as well as reward.

And sometimes that pendulum shifts really far in one direction.

And say in the case of an Oracle who, similar to CoreWeave,

supplying a lot of this capacity.

That stock had gotten back on Thursday or Friday to close to where it had been before the big announcement, the big announcement with OpenAI.

And I think investors are viewing what's good as bad until they get some answers to these questions.

That said, I think there's more good to come and we'll get milestones along the way proving out the thesis of the ecosystem and the returns.