Harry Stebbings

It's operationally intensive.

It's operationally intensive.

That was exactly my question.

That was exactly my question.

So I just had the co-founder of Nebius on the show.

So I just had the co-founder of Nebius on the show.

And the really clear takeaway was the challenge that he has, which is there's a huge amount of money that wants just capacity and compute with the awareness that he needs to build a full-stack product if he wants to have a long-term sustainable business.

And the really clear takeaway was the challenge that he has, which is there's a huge amount of money that wants just capacity and compute with the awareness that he needs to build a full-stack product if he wants to have a long-term sustainable business.

That was the core realization for me.

That was the core realization for me.

When I look at the inference layer, like you said, fireworks or base 10, how do you think that plays out?

When I look at the inference layer, like you said, fireworks or base 10, how do you think that plays out?

Do we have standalone $100 billion companies in inference alone?

Do we have standalone $100 billion companies in inference alone?

Or do we see that commodity?

Or do we see that commodity?

10 billion in revenue.

10 billion in revenue.

That's exactly what Roman at Nebbia said.

That's exactly what Roman at Nebbia said.