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Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok | BG2 w/ Bill Gurley & Brad Gerstner

BG2Pod with Brad Gerstner and Bill Gurley

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GPU Depreciation

  • CoreWeave's profit model relies on selling multi-year deals and depreciating GPU investments, with year four of contracts essentially representing profit.
  • The GPUs retain value beyond the initial contract, aided by ongoing software upgrades (similar to Tesla updates), extending their useful life.
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