Worldbuilders: The Largest Infrastructure Project in History with Evan Conrad (SF Compute)

The current scale of the GPU build out is the largest infrastructure project in the history of the world. Larger than the cost of wars. It is multiple times the Apollo project. We are the company that takes no bullshit. Our entire culture is we never had the opportunity to be fake. You will never see us say we're gonna democratize, compute, or we're powering the AI revolution or something. It's like, no. We sell GPUs. Right. We rent them to you. The reason why you use us, price. Reliability If there is a bubble, here is where the bubble is. In order to afford a large GPU contract, you go out and you raise the big round. Right. So the bubble isn't in the GPU cloud? I don't think so. Instead, I think the bubble is in whoever owns the equity of those companies that just raised a whole big round because if they don't succeed, they can't get that capital back, and there's also nothing else you can do with that. I'm Sumeet Singh, and I'm guest hosting a new series for the Village Global podcast called World Builders. I run Worldbuild, a thesis driven investment firm that backs creative technologists. We spend our time exploring rabbit holes because some of these rabbit holes are actually tunnels that open into the future. In this show, I'll be taking you down those tunnels. We'll have conversations with the people shaping what comes next, break down the frameworks for where value accrues when the rules are changing, and figure out what the builders actually see that the rest of us don't. So come take the leap with world builders. My guest today is Evan Conrad, the founder and CEO of the San Francisco Compute Company. SF compute provides GPU infrastructure to AI companies. They make it easy to get access to the compute you need to train and run models without the long term commitments and complexity that usually comes with it. What I love about Evan's story is that SF compute started as something completely different. An audio model company. They bought a big GPU cluster, realized they couldn't get out of the lease, and ended up building an infrastructure business almost by accident. Now, they're at the center of what Evan calls the largest infrastructure build out in human history. We talk about the real economics of GPU compute, where Evan thinks the actual AI bubble is and isn't, and what it looks like to build a company that sells the picks and shovels in the gold rush. Enjoy. Hey, Evan. How are you? I'm good. I'm good. How are you doing? I'm good. I'm good. Excited to talk more about the world that you're building here with the San Francisco Compute Company. Oh, man. You said the name. There you go. There you go. You know, you have an amazing origin story with the San Francisco Compute Company or SF Compute for short. You know, you started …