How the MAG7 grew into trillion dollar businesses over the past decade:

@NVIDIA just launched the Open Agent Safety Platform, bringing multi-layered agent security infrastructure with NVIDIA OpenShell and NVIDIA Sentry running on Vera CPUs and BlueField-4 DPUs. Nebius is proud to support it. bit.ly/4yirnZX

$NBIS CRO Marc Boroditsky reveals Nebius has four customers ready to sign for every GPU and is turning away 75% of demand, and says there's another 18 months of reasonable clarity "If you look at our pipeline today, for every GPU, we have a customer ready to sign. We have four customers ready to sign for every GPU. You can just think about that for a moment. We're saying no 75% of the time. That's today." "Now, does that continue into the future? If you look at the plans that customers are sharing with us and are looking for commitments with us, it actually moves well into next year. And their willingness right now to sign up for tens of thousands of GPUs in the middle of next year is very high." "And there's a sort of growing level of fear that if you don't actually secure your future, you're not gonna have the compute that you need in order to be able to succeed." "So I would say that there's probably reasonable clarity for another 18 months at the current rates. Beyond that, we're trying to figure it out by actually utilizing new pricing mechanisms. We introduced an auction about a month ago. This week, we also introduced spot price."

And on a serious note In the golden rush times, we can underappreciate the effort of building the platform. @nebiusai stands on the shoulders of the hundreds of people who come every morning to work and improve, improve, improve. It’s less visible than winning a large customer, launching a large data center, or raising another few billion. But this is the work that compounds and makes a difference. I truly believe that our strength (which is the flip side of weakness, as usual:)) is our underdog mentality. This “boy from the province in the large city” feeling. Nothing is given, and we need to prove ourselves every day. I hope we keep it. We are hiring.

Wow. Alex Karp just brutally confronted Dario Amodei’s AI-safety narrative: “It's a weird twist. They're asking for societal regulation to get out of the first line of defense, which is if you build a technology that can destroy 10% of the of the world, that has civil and criminal liability attached to it.”

Tom Lee said today on CNBC: “Q4 will be the start of one of the biggest market rallies in our lifetime”