Nebius CEO Arkady Volozh says GPU compute should be auctioned like internet ads or taxi rides. Nebius launched a GPU auction yesterday, “and the prices went up” “And pricing is one of the components which helps you to overcome all these bumps in the road. The pricing should be market driven. On the markets where supply and demand are not balanced yet, you need to introduce something like an auctioning system." "Something which actually we had in our previous lives experience, like internet advertising or all these taxi markets or delivery markets, where supply and demand should be balanced through some mechanism." "I think on this market, on the infrastructure market, there should be some mechanism of balancing supply and demand, should be automated, and everything should be built around it." "And that’s what we started to build. We just launched it. This is the first small sector where we launched it. It’s so-called preemptible capacity, very easy to get and to give up. And we launched it yesterday, and we got the first traction, the prices went up.”