None of those customers can afford to cancel their orders. OpenAI, Google and Meta cannot afford to get cheap on GPUs when presumably they believe GAI is around the corner. The first company to achieve GAI will win because at that point all gains will become exponential.
All the AI companies are locked in a death loop where they must spend as much money as possible otherwise everything they invested will immediately become zero. No one is going to pay for an LLM when the competitor has GAI. So it's death loop for everyone that has become involved in this race.
I don't know why you are being downvoted. What you said makes sense to me but I understand I know very little about how companies think. Can someone with a differing point of view elaborate?
All the AI companies are locked in a death loop where they must spend as much money as possible otherwise everything they invested will immediately become zero. No one is going to pay for an LLM when the competitor has GAI. So it's death loop for everyone that has become involved in this race.