Joubin Mirzadegan

There is another component that I think people speak less about, which is how you finance all that.

You asked about the bottlenecks and the chips.

You asked about the bottleneck to bring physical infrastructure online.

But then there is another part you need to finance all that.

So I think that now...

If we would have unlimited capital, we would be able to, on technical execution, on operational execution, we could even move faster.

So there are so many components in this business of AI infrastructure that you need to do efficient and finance enough and finance smart to not eat all your margins.

It's a part of the science here.

Yeah, no, I think that our business is very much like any cloud business, to be honest.

It's post-sales.

It's post-sales business.

So when you sell, you give a promise.

People hug you that you allocated capacity to them and they're happy to start working with you and so on.

But then how you make sure that the customers are happy and things are working.

And again, everything is moving so fast.

We've got new chips every three months.

We've got new physical data centers every month.

We've got new customers of the scale that we never saw before every month.

And the workloads are changing so fast.

And I think that