The AI Boom Is Becoming a Logistics Race

For most of the past four years, the artificial intelligence race has been described as a software race. Who has the best model? Who has the largest model? Who has the best benchmark scores? Which model can reason, code or use tools most effectively?
Increasingly, those questions describe only the visible layer of the competition. Underneath the models is an enormous physical system: semiconductors, memory, networking equipment, servers, cooling systems, transformers, power generation, transmiss