{
  "generatedAt": "2026-10-22T16:04:11Z",
  "disclaimer": "Analysis and opinion, not investment advice.",
  "kind": "person",
  "slug": "jeremie-eliahou-ontiveros",
  "name": "Jeremie Eliahou Ontiveros",
  "role": null,
  "url": "https://deepstack.ltd/people/jeremie-eliahou-ontiveros/",
  "api": "https://deepstack.ltd/api/v1/entities/people/jeremie-eliahou-ontiveros.json",
  "summary": "Jeremie Eliahou Ontiveros is named in 4 Parts of The Buildout, most recently Part 17: The Guarantee Has No Date. Argued in Part 2 (The number is real), Part 13 (The plant is late), Part 17 (The weak link pays first).",
  "parts": [
    {
      "part": 2,
      "headline": "SpaceX Is Funding an AI Bet Before the Proof",
      "url": "https://deepstack.ltd/stories/spacex-after-the-ipo-exit-liquidity/"
    },
    {
      "part": 5,
      "headline": "OpenAI and Anthropic Are Not the Same Business",
      "url": "https://deepstack.ltd/stories/anthropic-grew-142-percent-openai/"
    },
    {
      "part": 13,
      "headline": "The Ratepayer Pays First",
      "url": "https://deepstack.ltd/stories/the-ratepayer-pays-first/"
    },
    {
      "part": 17,
      "headline": "The Guarantee Has No Date",
      "url": "https://deepstack.ltd/stories/the-guarantee-has-no-date/"
    }
  ],
  "numbers": [],
  "mentions": [
    {
      "part": 2,
      "section": "The meter versus the map",
      "excerpt": "Jeremie Eliahou Ontiveros at SemiAnalysis did more than read the slide.",
      "url": "https://deepstack.ltd/stories/spacex-after-the-ipo-exit-liquidity/"
    },
    {
      "part": 5,
      "section": "The margin test",
      "excerpt": "Jeremie Eliahou Ontiveros, working the unit economics for SemiAnalysis, calculates that a current-generation cluster can generate over $100bn of revenue per gigawatt-year against roughly $12bn of rental cost.",
      "url": "https://deepstack.ltd/stories/anthropic-grew-142-percent-openai/"
    },
    {
      "part": 5,
      "section": "The Call",
      "excerpt": "Jeremie Eliahou Ontiveros’s $100bn-per-GW-year calculation is powerful, but Daniel Romero’s depreciation objection attacks the exact period that makes it look so good.",
      "url": "https://deepstack.ltd/stories/anthropic-grew-142-percent-openai/"
    },
    {
      "part": 13,
      "section": "The plant is late",
      "excerpt": "Jeremie Eliahou Ontiveros, also of SemiAnalysis, wrote on June 25 that utilities are pushing promised load ramps out by years for lack of long-lead equipment, while buyers carry the risk through letters of credit, deposits and take-or-pay contracts and the utilities, in many cases, face no penalty for delivering late.",
      "url": "https://deepstack.ltd/stories/the-ratepayer-pays-first/"
    }
  ],
  "sides": [
    {
      "part": 2,
      "question": null,
      "side": "the-number-is-real",
      "sideLabel": "The number is real",
      "claim": "Selling frontier-model inference is extraordinarily profitable: on a GB300 cluster, OpenAI and Anthropic can generate over 100 billion dollars per gigawatt-year of revenue against roughly 12 billion of rental cost.",
      "date": "2026-08-07",
      "url": "https://newsletter.semianalysis.com/p/spacex-10gw-in-2027-why-its-real",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/spacex-after-the-ipo-exit-liquidity/",
      "sidesUrl": "https://deepstack.ltd/sides/spacex-after-the-ipo-exit-liquidity/"
    },
    {
      "part": 2,
      "question": null,
      "side": "the-number-is-real",
      "sideLabel": "The number is real",
      "claim": "SpaceX is on track to build about 10 gigawatts of datacenter capacity by year-end 2027; independent site-by-site evaluation supports the guided 6 to 8 incremental gigawatts, implying a path to 300 billion dollars of ARR with only half the…",
      "date": "2026-08-07",
      "url": "https://newsletter.semianalysis.com/p/spacex-10gw-in-2027-why-its-real",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/spacex-after-the-ipo-exit-liquidity/",
      "sidesUrl": "https://deepstack.ltd/sides/spacex-after-the-ipo-exit-liquidity/"
    },
    {
      "part": 13,
      "question": null,
      "side": "the-plant-is-late",
      "sideLabel": "The plant is late",
      "claim": "They expect power generation to be a major bottleneck to grid-connected datacenter load growth, pointing to utilities revising promised load ramps by years because long-lead interconnection equipment is unavailable, and to buyers now bearing the…",
      "date": "2026-06-25",
      "url": "https://newsletter.semianalysis.com/p/us-grid-constraints-towards-40gw",
      "linkVerified": true,
      "storyUrl": "https://deepstack.ltd/stories/the-ratepayer-pays-first/",
      "sidesUrl": "https://deepstack.ltd/sides/the-ratepayer-pays-first/"
    },
    {
      "part": 17,
      "question": null,
      "side": "the-weak-link-pays-first",
      "sideLabel": "The weak link pays first",
      "claim": "AI labs like OpenAI and Anthropic face a financing constraint because they are not investment grade and much of data center build-out requires capital-intensive, upfront CapEx they cannot afford, which slows their ambition to be more vertically…",
      "date": "2026-07-09",
      "url": null,
      "linkVerified": false,
      "storyUrl": "https://deepstack.ltd/stories/the-guarantee-has-no-date/",
      "sidesUrl": "https://deepstack.ltd/sides/the-guarantee-has-no-date/"
    }
  ],
  "coverage": {
    "creators": 0,
    "claims": 34,
    "texts": 3,
    "asOf": "2026-10-22"
  },
  "lastUpdated": "2026-10-22"
}