4 sources healthy · latest episode 9 Nov 2026
opinion claim

Erik says capacity prepayments are Modal's best current use of cash as the company expands capacity aggressively.

Unresolved speaker · Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO · 22 Oct 2026

In their words

The transcript segments this claim was taken from

“I mean, like I mentioned, like in, in this capacity situation, the, a lot of the money, a lot of the cash flow I should say that's required is, is capacity prepayments, right?”
“And, and so that to me represents the best use of, of, of cash today. Uh, we're ramping up capacity, capacity very aggressively.”
“So that to me is, is the, the greatest use of cash right now.”
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