AI Value Capture – The Shift to Model Labs

AI Value Capture - The Shift To Model LabsVera Rubin VR NVL72: V for Value - Rubin delivers a step jump in performance per TCO. ROI accruing to users, Neoclouds, Hyperscalers, AI Labs, Memory Vendors or GPU Manufacturers?Daniel Nishball, Dylan Patel, Cheang Kang Wen, and 5 othersMay 01, 2026∙ Paid182ShareA day in AI now feels like a year in any other industry. Model releases, software breakthroughs, and hardware improvements are compressing multi-year cycles for any other industry into weeks. Over just the past few months, agentic AI has crossed a real inflection point, driving a step-change in the value of tokens while software and hardware improvements have sharply reduced the cost of generating them.

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