Jasper Zhang, Hyperbolic
This episode examines financing and building elastic compute grids for artificial intelligence, AI at utility scale. Jasper Zhang of Hyperbolic, founder and chief executive officer and a mathematician and former quantitative market maker, appears on theCUBE and NYSE Wired: AI Factory series to discuss aggregation of fragmented graphics processing unit, GPU resources, virtualization and orchestration, and Hyperbolic’s approach to creating a unified global compute grid. Zhang explains the technical and financial strategies for enabling elastic, multi-tenant AI infrastructure and they outline the operational priorities for reducing utilization waste. Key takeaways include the view that compute should become a utility: build a grid to enable elastic consumption, employ market making to provide liquidity, and implement dynamic pricing and hedging to manage risk. Zhang highlights Hyperbolic’s Forge control plane, advances in virtualization and sub-second provisioning as central to improving utilization. The discussion draws parallels to electricity markets and energy futures and addresses implications for GPU financing, cloud orchestration, Kubernetes adoption and AI infrastructure design.