What macroeconomic shifts do you anticipate occurring across artificial intelligence venture capital valuations?

We are undeniably witnessing an exuberant capital expenditure cycle where valuations have outpaced immediate commercial cash flows. A market correction is inevitable, and many speculative foundation model ventures without clear distribution moats will face severe write-downs. However, as an infrastructure provider delivering mission-critical compute efficiency, market contractions actually benefit us because enterprises become intensely disciplined about eliminating unnecessary cloud waste.