Venture Capital Firms Bypass Chip Markets, Building Their Own AI Compute Infrastructure

As GPU prices surge 60 percent year-over-year and rental costs reach crisis levels, leading venture capital firms are taking an unprecedented step: building their own data centers and securing massive compute clusters rather than relying on startups to negotiate on the open market. This strategy represents a fundamental shift in how venture firms support their portfolios—moving beyond traditional funding to directly control scarce computing resources.