The Economics of Neoclouds

Thunder Compute: https://www.thundercompute.com/?utm_source=youtube&utm_medium=affiliate&utm_campaign=calebwritescode Neoclouds have been a growing topic ever since the emergence of generative AI in 2022. We now have neoclouds like CoreWeave, Nebius, IREN, Crusoe, Lambda, and Together AI all contributing towards making compute available as GPU-as-a-service or Graphics Cards as a service. How do metrics like utilization, availability, contracts, and additional services all play into factor of a commoditized market? Why are banks handing out asset backed loans to neoclouds and data centers when…