Companies are hoarding AI compute because of FOMO and sitting on most of it(businessinsider.com)
businessinsider.com
Companies are hoarding AI compute because of FOMO and sitting on most of it
https://www.businessinsider.com/companies-hoarding-unused-ai-compute-cast-ai-report-kubernetes-2026-4
That sounds like the typical kind of asset that's not affordable for anyone except those who have everything else they might desire already.
Well look at the way well-heeled capitalists are competing for the outstanding non-compute aspects of AI, and therefore driving up what they are willing to pay for that portion of the picture, similar to how it would be done on Wall Street in their market. Where of course some huge shareholder stakes are also fluctuating simultaneously.
Then look at the compute being bid up in addition to that. Another element where there's only so much to go around. Now this is a good investment, it's going up so fast that even if you don't use it you should be able to sell for more before too long, and make a pretty good profit without having to do any computing at all :0
There's always been more money in "irrational exuberance" anyway.
While it lasts, but sooner or later you reach a point where there's nowhere to go but down.