# @20vc on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=aXAH3bdJ2cg
- **Gondola URL:** https://gondola.cc/posts/66498530-20vc-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/8c1b749733.jpg
- **Posted:** 2026-06-08T14:52:41.000+00:00
- **Account Owner:** 20VC with Harry Stebbings (@20vc) — https://gondola.cc/20vc

## Caption

Roman Chernin is Co-Founder and Chief Business Officer of Nebius, one of the fastest-growing AI infrastructure companies in the world. Today, Nebius operates some of the largest AI compute clusters globally and serves leading AI labs, enterprises, and developers. Today, Nebius has a market cap of $57BN.

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Timestamps:

00:00 Intro
01:24 Why AI Infrastructure Is Not a Bubble
04:11 The Real Impact of Open Source on OpenAI & Anthropic
11:03 Jevons Paradox: Why Cheaper AI Creates More Demand
13:06 The Four Layers of AI Infrastructure Explained
18:49 If Nebius Had 10x More Capacity Tomorrow
28:51 The Shift from Training to Inference and Agents
37:18 How Token Factory Cuts AI Costs by 70%
50:34 Sovereign AI, Europe, and the Future of Model Building
53:52 Competing Against Hyperscalers with 10x More Capital
01:08:46 The Biggest Threat to Nebius Isn't Competition

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Subscribe on Spotify:
https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466

Subscribe on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465

Follow Harry Stebbings on X:
https://twitter.com/HarryStebbings

Follow Roman Chernin on X:
https://twitter.com/romanchernin

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https://www.instagram.com/20vchq

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https://www.tiktok.com/@20vc_tok

Visit our Website:
https://www.20vc.com

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https://www.thetwentyminutevc.com/contact

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#20vc #harrystebbings #nebius #ai #founder #aimodels #gpu

## Stats

- **Views:** 18,237
- **Likes:** 410
- **Shares:** 0
- **Comments:** 39

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| 20VC with Harry Stebbings | @20vc | https://gondola.cc/20vc | Podcast |

## Tags

gpu, harrystebbings, ai, founder, aimodels, nebius, 20vc

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