Ollama has become the largest developer platform for open models, with 8.9m developers & one million new installs each week. Today we announced our investment in the Series B.
Prioritize routing over model choice. Most AI work runs on cheap local models.
The inference market is the largest in software. We invested in Sail's Series A to build queuing infrastructure for long-horizon agents that run for hours.
Anthropic trades at 17x EV/NTM on 165% growth, a 65% discount to Palantir. Capital intensity, profitability uncertainty & growth volatility explain the gap.
Ad-supported AI is viable. A 4x B200 cluster breaks even with one search ad every 40 minutes or one content ad every 3 minutes. For heavier workloads, $10/month plus 8 ads per day covers a side project.
Google Cloud shocked the street with 63% growth in Q1 2026. Amazon, Google & Microsoft reported earnings with combined quarterly capex hitting $112B while cloud growth diverged dramatically.
GPU spot market data from Ornn shows B200 rental prices spiking from $2.31 to $4.95 per hour since early March. The spread over H200 has doubled & the timing aligns with frontier model releases.
GPU rental prices surged 48% in 60 days. The AI compute shortage will force startups to compete not on speed of iteration, but on access to infrastructure.
The AI infrastructure shortage isn't chips anymore — it's power, data centers & memory. What happens when demand exceeds supply through 2028?
The most capable AI models now spend their cycles orchestrating other tools. Specialization creates startup opportunity : build the specialists the executives call first.
