PANews, June 20 – Alex Svanevik, CEO of on-chain analytics platform Nansen, stated that the AI industry bubble may burst when enterprises begin to effectively use Chinese large models. The U.S. regulatory environment could limit this process, but the overall trend remains that Chinese models continue to become more efficient and capable of running on non-cutting-edge hardware, while the global GPU supply (including non-NVIDIA chips) is increasing.

Alex Svanevik also pointed out that the recent decline in rental prices for H100 and H200 GPUs reflects changing supply-demand dynamics in computing power, and raised the market signal of "how to interpret the decline in GPU rental prices." As model efficiency improves alongside expanding computing power supply, the AI infrastructure market may be entering a repricing phase.