Another route is Cerebras and Groq which are already impressively higher throughput for inference. I also think if apple does go down a path of doing apple silicon AI servers that would be another interesting route. Then you have huawei GPUs rapidly on the tail of nvidia.

Just take a look at how rapidly the bubble was written down with deepseek’s first announcement and the narrative is still that whoever owns the most Nvidia GPUs and datacenters will win.