CLOUD · T01
Will three or more distinct operators publicly offer surplus internal AI compute for external resale (or disclose underutilized AI capacity) between 2026-11-15 and 2027-12-31?
The no-glut claim breaks down: firms that over-ordered ahead of site readiness or lost their internal AI programs begin marketing surplus accelerators externally, revealing idle capacity.
Questions 6Open 6Call held 0Call missed 0
Surplus compute surfaces for resale
FOMO ordering ahead of datacenter readiness plus stalled internal model programs leave accelerators stranded or underused at individual firms. When xAI's research effort faltered, most of the original team left, freeing the compute infrastructure they had used, and that surplus became available to market to external customers such as Google and Anthropic. Surplus compute marketed this way would contradict a fully-utilized narrative.
1 voice
Compute stays fully contracted, no resale emerges
High and growing computational requirements for AI deployment and training mean unfilled orders accumulate, backlog ratios rise, GPU pricing escalates, and manufacturing orders for cooling and power infrastructure surge. AI customers are concerned enough about securing compute that they prepay a large share of GPU capex on new contracts, pointing to funded expansion rather than idle capacity. This side would be confirmed if no new entrants announce external compute resale and existing operators say their capacity is fully contracted.
6 voices
The questions
Settles Nov 9open
CoreWeave, purchases of property and equipment as a share of revenue, quarter ended September 30, 2026: whether it comes in at or above 220%.
Settles Nov 9open
Will CoreWeave's equipment spending hit at least 245% of its revenue in the quarter ending September 2026?
Settles Nov 9open
Will CoreWeave's equipment spending hit at least 270% of its revenue in the quarter ending September 2026?
Settles Dec 14open
Will Oracle's equipment spending hit 130% of revenue next quarter?
Settles Dec 14open
Will Oracle's equipment spending hit 150% of revenue next quarter?
Settles Dec 14open
Will Oracle's equipment spending hit 170% of revenue next quarter?