Neoclouds that are able to lock in forward compute prices in derivatives markets will be able to get financing as long as they have a credible track record of execution.
Replying to @chamath
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn鈥檛 have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we鈥檙e investment grade and have Starlink & launch
