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The $10B Satellite Empire Putting AI in Orbit, Why Chips Beat Rockets & China's #1 Open Model | EP #266
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CapEx vs Cash Flow: Hyperscaler AI Spending and Financing Sustainability
At 2:21:30 · chapter starts 2:19:00
Discussion of Epic AI data showing hyperscalers (Microsoft, Google, Amazon, Meta) spending more on AI than cash flow. Dave argues this is normal financing like a mortgage; Will warns long-term sustainability.