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The market will start to FUD the big tech's FCF,
Just looking at the total of Frontier Labs ~$55B ARR and its extremely rapid growth, excluding enterprise users, at the current growth rate, it can close the capex gap of big tech in 2-3 years.
If this is a real estate business, it's a highly profitable real estate venture.
Not to mention these capex are the only chips in the fight for AGI.
Let the bullets fly, buy the dip when it drops too much.
NFA DYOR