The AI Energy Stack: The Actual Industry Winners

Ejaaz: For three years, the AI trade has been one simple idea. Ejaaz: Buy the chips.

It goes beyond the title with direct discussion of josh, ejaaz, it's, including: Ejaaz: Buy the chips.

1. 01Ejaaz: The power to run it, the light to transmit all the data between them, Ejaaz: the silicon wiring between them all, and then somewhere to rent it all from
2. 02Josh: Yeah, and this may feel a little bit different because we're always talking Josh: about whose model is the smartest
3. 03Josh: But once you strip away all that abstraction, a token is really just what, Josh: is output and that is just a series of electrons flowing through chips like Josh: flowing thr