Elastic GPUs, sandbox growth, and the economics of the agent cloud
Builder's brief · Oct 22, 2026
Builder's brief: Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO
2 picks. Also: Fusion startup Helion is developing new semiconductors that could double output of its power plants.
What changed
2 picks. Leading: Why AI Compute Comes in Rectangles — Erik Bernhardsson, Modal CEO; Fusion startup Helion is developing new semiconductors that could double output of its power plants.
AI1
Builders1
Helion now has another $225 million to help speed development of its first fusion power plant, due to provide Microsoft with electricity in 2028.
What it costs to build now
Live build costs from public sources. Full tables on the stack page.
AI API prices
441 models priced per 1M tokens.
Source: OpenRouter, fetched 2026-10-25
GPU rental
33 GPU models priced per GPU-hour.
Source: Vast.ai, fetched 2026-10-25
Cost of money
Bank Prime Loan Rate: 7.00% on Oct 21, 2026.
Source: FRED, Federal Reserve Bank of St. Louis (DPRIME)
Where the openings are
Ownership and build openings: Fusion startup Helion is developing new semiconductors that could double output of its power plants.
Helion now has another $225 million to help speed development of its first fusion power plant, due to provide Microsoft with electricity in 2028.
