The a16z Show · Wednesday, August 26, 2026
Anisha Chary suggests that the narrative around an AI market bubble might be overblown, proposing instead that we might be insufficiently optimistic. She points to indicators like the high cost and scarcity of GPUs, such as the B200, as evidence of sustained high demand.
“All right, look, I think that the case for this being a bubble is over, sort of discussed or at least fully discussed.”
“I think actually the out of distribution topic that's less discussed is, what if we're insufficiently optimistic?”
“And if you look at some of the underlying indicators that point to is essentially infinite demand and highly constrained supply, things like B200, which is a non-sort of cutting edge GPU crisis going up on a per hour basis.”