AI startups with hyper ARR growth – what's happening inside these companies?

Re:AI startups with hyper ARR growth – what's happening insi... by thiago_fm on Friday September 25, 2026 @05:13AM (#49842002)

This will go on until the AI CAPEX starts to drain. But there's a chance that this never happens.

All that money being spent on NVidia GPUs has to become tokens which will be bought by a business.

Many of those AI businesses are making those LLMs do something useful, which makes sense.

But right now nobody has an idea how much a single token really costs.

Once the CAPEX has to start showing some real cashflow positive numbers, it's likely that the token prices will go up, margins will compress and a lot of businesses will go bankrupt.

Of course, if this even stops. We could keep going on forever if AGI/ASI arrives, then all our previous ideas about economics which is based on human labour mostly is outdated, and we will need to figure out new economics!

[ Parent | on HN ]

Re:AI startups with hyper ARR growth – what's happening insi... by skyberrys on Friday September 25, 2026 @11:22AM (#49845880)

Do you think token cost will eventually tie into electricity prices? I know the GPUs cost money to buy but over the lifetime use cycle, isn't the bigger cost powering the GPU for all the tokens?

Eventually the value of the tokens will need to be higher than the cost to produce them.

[ Parent | on HN ]