620 no ifs ands or butts

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First of all thank, you for buying our calls. Do not sell them yet though! Are you effed? Probably. However, chances of recovery are there. All hinges on Dec cut + more ramp-up on Besent hype before your expiry. If the market is not going to force people to liquidate their btc to cover their margin like last week, you should recover most of it. That is a lot of ifs though….

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If ifs and buts were candy and nuts, we'd all have a million dollars.

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You think Meta or Anthropic will want to rely on Google’s XLA bug team when literally every hour of development is essential to keep up? You think the XLA team will have bandwidth to appropriately serve competitors while they have their own Deepmind team requiring their talent? When you have billions of dollars and limited time, you don’t prioritize saving money by switching to a potentially cheaper in the long term alternative. You prioritize shipping the best models asap by leveraging your team’s expertise and buying the best quality hardware that you know how to use. This TPU stuff for Meta will be specialized inference and some TPU research and exploration on the side. And maybe that pans out for them and the TPU part of their research lab really makes strides and deploys some great, competitive models. There’s a lot of ifs there though.

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