Why this fund manager who was an early proponent of Nvidia is now betting on AI’s space frontier - MarketWatch

Tony Wang, the T. Rowe Price fund manager who got in early on Nvidia, has a new big bet: AI in space. Because obviously the reason we haven't solved AI alignment yet is that we've run out of room for the compute. His rationale, as reported by MarketWatch, is that AI is 'potentially creating more computer processing power than Earth can handle.' In other words, we've hit peak planet for GPUs. Never mind that this sounds like a sci-fi B-movie pitch — 'The Cloud is full, so let's launch it into orbit!' — this is a serious investment thesis from a guy who rode the Nvidia rocket to riches.

You have to admire the logic: Earth's data centers are getting too hot, too power-hungry, too noisy for the NIMBYs, so we simply blast the whole mess into the void. Forget fixing energy grids, cooling systems, or chip efficiency — just ship the servers to space, where the cooling is free and the neighbours are asteroids. Wang isn't just betting on more compute; he's betting that the physical limits of Earth's infrastructure are a problem we can rocket our way out of. It's the tech bro equivalent of 'when life gives you lemons, throw them at the moon.'

And let's be honest, this is where we are now: fund managers using 'space' as the ultimate escape hatch for every terrestrial bottleneck. First it was cloud, then edge, now the final frontier. With Nvidia already priced for deity status, Wang needs a new narrative that's even bigger — and what's bigger than literally leaving the planet? The only thing missing is a plan for the space internet to route around your laggy ISP. Absurd? Absolutely. But that's never stopped a bull market before.