Erik expects compute capacity to remain tight and prices to rise for a while; he says scarcity may allow Modal to charge more and its reservations give it some exposure to rising GPU prices.

“But that being said, like, you know, capacity is gonna be tight for a while and, and you know, prices are going up and, you know, luckily I think, you know, it's not even necessarily bad for us if prices go up 'cause, 'cause you know, scarcity also means like we can charge more from our customers and, and, you know, and the fact that we have a lot of reservations locked in at a rate means like to some extent we're effectively like long GPU prices already.”