AI's $600Bn hole..but look who is making money in the AI boom

The wonky ones.

Gen AI is resulting in $600Bn capex hole globally.

Here is a simple calculation by David Cahn of Sequoia Capital.

All you have to do is to take Nvidia’s run-rate revenue forecast and multiply it by 2x to reflect the total cost of AI data centers (GPUs are half of the total cost of ownership—the other half includes energy, buildings, backup generators, e…