{"podcast":{"title":"The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch","slug":"twenty-minute-vc","podcast_index_feed_id":938150,"rss_url":"https://thetwentyminutevc.libsyn.com/rss","website_url":"http://www.thetwentyminutevc.com/","image_url":"https://static.libsyn.com/p/assets/d/2/b/a/d2ba673c1d134c2be55e3c100dce7605/WhatsApp_Image_2024-10-28_at_11.39.21.jpeg","author":"The Twenty Minute VC","episode_count":1490,"summary":"The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman. If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show notes, resources and more.","last_synced_at":"2026-08-01T14:19:38.626933+00:00","page_url":"https://stenobird.com/podcast/twenty-minute-vc"},"episode":{"title":"20VC: Nebius Co-Founder on AI Infrastructure Bubbles | The Real Impact of Open Source on OpenAI & Anthropic | How Price Elastic is Demand for Compute | Could Nebius Sell 10x More Compute If They Had It & more with Roman Chernin","slug":"20vc-nebius-co-founder-on-ai-infrastructure-bubbles-the-real-impact-of-open-source-on-openai-anthropic-how-price-elastic-is-demand-for-compute-could-nebius-sell-10x-more-compute-if-they-had-it-more-with-roman-chernin","published_at":"2026-06-08T07:07:00+00:00","page_url":"https://stenobird.com/podcast/twenty-minute-vc/20vc-nebius-co-founder-on-ai-infrastructure-bubbles-the-real-impact-of-open-source-on-openai-anthropic-how-price-elastic-is-demand-for-compute-could-nebius-sell-10x-more-compute-if-they-had-it-more-with-roman-chernin","show_page_url":"https://stenobird.com/podcast/twenty-minute-vc","url":"https://thetwentyminutevc.libsyn.com/20vc-nebius-co-founder-on-ai-infrastructure-bubbles-the-real-impact-of-open-source-on-openai-anthropic-how-price-elastic-is-demand-for-compute-could-nebius-sell-10x-more-compute-if-they-had-it-more-with-roman-chernin","audio_url":"https://traffic.libsyn.com/secure/thetwentyminutevc/Roman_Chernin__Nebius.mp3?dest-id=240976","summary":"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. AGENDA: 00:00 — Why AI Infrastructure Is Not a Bubble 05:00 — The Real Impact of Open Source on OpenAI & Anthropic 11:00 — Jevons Paradox: Why Cheaper AI Creates More Demand 13:00 — The Four Layers of AI Infrastructure Explained 19:00 — If Nebius Had 10x More Capacity Tomorrow 26:00 — The Shift from Training to Inference and Agents 31:00 — How Token Factory Cuts AI Costs by 70% 44:00 — Sovereign AI, Europe, and the Future of Model Building 49:00 — Competing Against Hyperscalers with 10x More Capital 59:00 — The Biggest Threat to Nebius Isn't Competition—It's Consolidation","meta_description":"Roman Chernin is Co-Founder and Chief Business Officer of Nebius , one of the fastest-growing AI infrastructure companies in the world. Today, Nebius oper…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4000,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/twenty-minute-vc/episodes/20vc-nebius-co-founder-on-ai-infrastructure-bubbles-the-real-impact-of-open-source-on-openai-anthropic-how-price-elastic-is-demand-for-compute-could-nebius-sell-10x-more-compute-if-they-had-it-more-with-roman-chernin/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/twenty-minute-vc/20vc-nebius-co-founder-on-ai-infrastructure-bubbles-the-real-impact-of-open-source-on-openai-anthropic-how-price-elastic-is-demand-for-compute-could-nebius-sell-10x-more-compute-if-they-had-it-more-with-roman-chernin.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}