Issue No. 24Sunday, June 14, 2026139 episodes · 583 articles
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Business20VC with Harry Stebbings

Nebius Co-Founder on AI Infrastructure Bubbles | How Price Elastic is Demand for Compute

With Harry Stebbings, Roman Chernin · Sunday, June 14, 2026

Roman Chernin, co-founder of Nebius, discusses the state of AI infrastructure, dismissing the idea of an AI bubble and asserting that the industry is in its earliest stages of enterprise adoption. He details Nebius's full-stack strategy, evolving from bare metal to managed inference and agentic applications, while also explaining how open-source models drive increased compute consumption. Chernin also touches on the challenges of data center build-out amidst public resentment and the geopolitical importance of sovereign AI models.