Learn AI compute, then follow the market

Learn AI compute in plain English.

Free lessons, calculators, and explainers for understanding GPUs, model costs, prompt and context design, cloud capacity, data centers, power constraints, and emerging AI compute infrastructure. Explore 129 published lessons, follow a learning path, or use a calculator to estimate real compute costs.

A different lesson is highlighted in the Market Brief each weekday.

The curriculum

9 tracks, plain English

Pick a track and work through it in order, or jump to the topic you need. Track your progress in this browser — no account required. Every lesson is free.

A suggested route

Build the mental model, then use the market

You do not need to begin with pricing. Start with the system, understand how models use it, then apply that knowledge to buying and market signals.

  1. 1Understand the systemAI Compute 101
  2. 2Understand the workloadModel Costs + Prompt & Context
  3. 3Apply it in practiceBuyers, Operators & Market

Track 1:

AI Compute 101

Start here. GPUs, GPU-hours, model costs, and why compute became a market.

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Track 2:

GPU Pricing & Capacity

What H100, H200, and B200 hours cost, and how on-demand, reserved, and spot pricing differ.

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Track 3:

Model Costs

What it costs to train a model and to serve one, and why utilization drives the bill.

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Track 4:

Prompt & Context Engineering

How prompts, context, retrieval, and agent state shape model quality, token usage, latency, and inference cost.

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Track 5:

Model Benchmarks & AI Compute Economics

How benchmark scores connect to token pricing, latency, throughput, and real inference spend.

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Track 6:

Power & Data Centers

Power, cooling, networking, memory, and the physical sites where AI compute actually runs.

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Track 7:

Compute Market Structure

Neoclouds, capacity markets, and reservations: how compute supply gets priced.

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Track 8:

Compute Futures

Forward pricing for compute: futures, forward curves, and forward contracts.

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Track 9:

Buyers & Operators

How labs and teams buy, compare, and budget GPU capacity in practice.

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Compute College tracks

Explore the 9 core tracks

Follow the curriculum in order or open one topic at a time: learn the AI compute system, understand models and workloads, then use pricing, infrastructure, and market lessons to make better decisions. Calculators and emerging topics sit alongside the core tracks.

AI Compute 1017 lessons

What is AI compute?

AI compute is the hardware, power, networking, and cloud access used to train and run AI models.

Why compute matters

AI capability becomes a market constraint when usable compute is scarce, costly, or slow to deliver.

What is a GPU-hour? Meaning, formula, and cost

One GPU running for one hour: the formula behind AI rental cost and cloud price comparisons.

H100 vs H200 vs B200: price, memory, and performance

How NVIDIA accelerator generations compare on workload fit, current GPU-hour pricing, memory, and availability.

What is Model Training Cost?

Model training cost is the compute expense required to teach or improve an AI model from data.

What is Frontier Model Serving Cost?

Frontier model serving cost is the estimated expense of running a leading AI model for users after training.

Why power matters for AI compute capacity

Why electricity, interconnection, and site readiness now constrain GPU deployment.

GPU Pricing & Capacity8 lessons

NVIDIA H100 Price Per Hour Explained

H100 price per hour is the hourly cost of accessing one NVIDIA H100 GPU for an AI workload.

H200 Price Per Hour Explained

H200 price per hour is the hourly cost of accessing one NVIDIA H200 GPU for AI workloads.

B200 Price Per Hour Explained

B200 price per hour is the hourly cost of accessing NVIDIA B200-generation AI compute capacity.

GPU vs TPU vs Custom ASIC

GPUs, TPUs, and custom ASICs are different kinds of AI accelerator that trade flexibility for efficiency on targeted workloads.

On-Demand vs Reserved vs Spot GPU Pricing

On-demand, reserved, and spot GPU pricing are three ways buyers obtain and pay for AI compute capacity.

What are GPU rentals? AI cloud pricing and capacity signals

How rented accelerator capacity turns GPU access into observable market pricing.

What are spot prices? AI GPU spot market explained

How interruptible GPU capacity prices expose marginal AI compute supply.

What is GPU Cloud Capacity?

GPU cloud capacity is buyer-accessible accelerator supply available for AI workloads through cloud providers.

Model Costs7 lessons

What is Model Training Cost?

Model training cost is the compute expense required to teach or improve an AI model from data.

What is Frontier Model Serving Cost?

Frontier model serving cost is the estimated expense of running a leading AI model for users after training.

What is Cost per Million Tokens?

Cost per million tokens is how hosted AI APIs price inference — usually with input and output tokens priced separately.

What is GPU Utilization?

GPU utilization measures how much paid accelerator capacity is actively doing useful work.

What is Model FLOPs Utilization (MFU)?

Model FLOPs Utilization (MFU) measures how much of a GPU's theoretical compute a job actually uses; goodput counts useful work delivered.

How Fast Does an H100 Depreciate?

GPU depreciation spreads an accelerator's purchase cost over its useful life, which drives the real cost of every GPU-hour.

How to Estimate Monthly AI Compute Burn

Monthly AI compute burn measures recurring spending on the capacity used to train, fine-tune, experiment, and serve models.

Prompt & Context Engineering18 lessons

What is prompt engineering?

How clear instructions, examples, constraints, and output formats help an AI model complete a task.

Define the AI task and success criteria

Turn a vague AI request into a measurable task with a clear outcome, constraints, and acceptance criteria.

Prompt anatomy: instructions, context, and output

Learn the main parts of a production prompt and how each one affects model behavior, tokens, and validation.

Clear instructions and constraints

Write direct AI instructions with priorities, boundaries, edge cases, and constraints that reduce ambiguity without creating a brittle prompt.

Few-shot examples and counterexamples

Learn when examples improve AI behavior, how to choose representative cases, and how example tokens can change workload cost.

Structured outputs and output contracts

Use schemas, required fields, and deterministic validation to make AI responses usable by software.

Prompt decomposition and chaining

Break complex AI work into smaller stages and decide which steps belong in code, prompts, or human review.

Prompt versioning and regression testing

Track prompt changes, test representative cases, and detect quality or workload regressions before release.

What is context engineering?

How AI systems select and manage the information a model receives before making a decision.

Context windows and token budgets

Understand the finite input and output budget shared by instructions, history, retrieved data, and model responses.

What belongs in context?

Select the smallest set of relevant, authoritative, recent, and complete information needed for the next AI decision.

Retrieval-augmented generation explained

Understand how an AI application retrieves external information and supplies it to a model before generation.

Chunking and document preparation

Prepare documents and retrieval chunks so relevant information stays together, searchable, and traceable.

Ranking, reranking, and retrieval quality

Learn how retrieval systems order candidate evidence and how to measure whether the right material reaches context.

Long context is not the same as good context

Learn why adding more tokens can increase cost and distraction without improving an AI answer.

Conversation history, state, and memory

Separate recent messages, durable facts, task state, and retrieved knowledge in a long-running AI workflow.

Context compression, caching, and reuse

Reduce repeated context work with summaries, cached prefixes, and reusable state while preserving important evidence.

Untrusted context and prompt injection

Keep user text, retrieved documents, tool results, and memory from silently overriding the instructions that govern an AI system.

Model Benchmarks & AI Compute Economics25 lessons

What are AI model benchmarks?

Learn what AI model benchmarks measure, where they mislead, and why benchmark results can become compute demand and cost signals.

How are AI model benchmarks calculated?

AI model benchmarks compare models on fixed tasks, but their scores only become useful for AI compute buyers when read with cost, latency, and token use.

Why AI model benchmarks can be misleading

Learn why AI benchmark scores can mislead buyers when they hide prompt setup, retries, tool use, latency, token usage, and model serving cost.

How to compare model quality vs cost

Learn how to compare AI model benchmark performance with token pricing, latency, throughput, and cost per useful result.

Benchmark score vs production cost

Learn why higher AI benchmark scores may not lower production cost, and how token usage, latency, retries, and context size affect serving spend.

How to estimate cost per completed AI task

Learn how to estimate the full cost of an AI task, including input tokens, output tokens, retries, tool calls, latency, and model selection.

Model latency explained

Learn what AI model latency means, why it matters for production workloads, and how it connects to model serving cost and infrastructure capacity.

Tokens per second explained

Learn what tokens per second means, how model throughput affects AI applications, and why throughput matters for AI compute capacity planning.

Context window explained

Learn what an AI model context window is and how longer context affects token cost, memory, latency, and model serving economics.

What is a coding benchmark?

Learn what AI coding benchmarks measure and why coding-agent benchmarks matter for inference demand, model serving cost, and AI compute capacity.

What is SWE-bench?

Learn what SWE-bench measures, why it matters for AI coding agents, and how software-engineering benchmarks connect to AI compute demand.

What is LiveCodeBench?

Learn what LiveCodeBench measures, why fresh coding tasks matter, and how contamination-resistant coding benchmarks affect AI model evaluation.

What is Terminal-Bench?

Learn what Terminal-Bench measures and why terminal-based AI agent benchmarks matter for token usage, latency, and AI compute demand.

GPT-6 Astra benchmark explained

Read GPT-6 Astra benchmark claims through AI compute economics: agent quality, token use, API pricing, context length, and inference demand.

Claude Opus 5 benchmark explained

Read Claude Opus 5 benchmark claims through AI compute economics: task quality, effort settings, token pricing, fast mode, and inference demand.

Historical: Claude Opus 4.8 benchmark explained

Read Claude Opus 4.8 benchmark claims as AI compute economics evidence: capability-per-dollar, effort settings, fast mode, agent workloads, and serving demand.

What is Claude Mythos Preview?

Claude Mythos Preview is an unreleased Anthropic frontier model used in Project Glasswing for defensive cybersecurity work.

What is GPQA Diamond?

Learn what GPQA Diamond measures, why expert science reasoning benchmarks matter, and how they connect to frontier AI compute demand.

What is MMLU-Pro?

Learn what MMLU-Pro measures, how it differs from older academic benchmarks, and why benchmark difficulty matters for AI model evaluation.

What is Humanity’s Last Exam?

Learn what Humanity’s Last Exam measures and why frontier academic benchmarks matter for model capability claims and AI compute demand.

What is a reasoning benchmark?

Learn what AI reasoning benchmarks measure and how reasoning scores connect to model serving cost, latency, and frontier AI compute demand.

What is an agent benchmark?

Learn what AI agent benchmarks measure and why agentic workflows can drive higher token usage, latency, retries, and AI compute demand.

How model releases affect AI compute demand

Learn how new AI model releases can change inference demand, training demand, token usage, cloud GPU capacity, and the AI compute market.

Why output tokens cost more than input tokens

Learn why output tokens usually cost more than input tokens and how generation cost affects model serving economics, AI agents, and inference spend.

Why Reasoning Models Cost More to Serve

Reasoning models generate long chains of thought before answering, multiplying output tokens — and output tokens drive inference cost.

Power & Data Centers17 lessons

Why power matters for AI compute capacity

Why electricity, interconnection, and site readiness now constrain GPU deployment.

What is an AI data center? Power, cooling, and GPU capacity

The facility stack that turns accelerators into operating AI compute supply.

Why cooling matters

Cooling removes the heat created by dense AI hardware so a facility can deliver usable compute safely.

Why networking matters for AI clusters and training cost

How interconnect quality turns GPU count into useful clustered compute.

Why memory matters for AI accelerators and HBM supply

How high-bandwidth memory affects model fit, GPU value, and accelerator availability.

What is an AI Cluster?

An AI cluster is a connected system that turns many GPUs and supporting infrastructure into usable model-training or serving capacity.

What is NVLink?

NVLink is a high-speed GPU connection technology that helps accelerators coordinate work inside AI systems.

What is InfiniBand?

InfiniBand is high-performance networking used to connect servers in many large AI clusters.

What is NVL72? Scale-Up vs Scale-Out

NVL72-style rack systems link many GPUs into one; it illustrates scale-up (bigger tightly-coupled units) versus scale-out (more networked units).

What is Liquid Cooling?

Liquid cooling removes heat from dense AI hardware so more compute can operate reliably in a facility.

What is Data Center Interconnection?

Data center interconnection links AI capacity to networks, clouds, data sources, and buyers who need to use it.

PUE Meaning and Power Usage Effectiveness Formula

Power Usage Effectiveness measures how much facility electricity is required to deliver useful IT power.

Power Sourcing for AI: PPAs and Behind-the-Meter

AI data centers secure electricity through PPAs, behind-the-meter generation, and firm low-carbon sources like nuclear and SMRs.

What is a Megawatt of AI Compute?

A megawatt of AI compute is a power-based way to describe possible data-center and accelerator capacity.

What is a Data Center Interconnection Queue?

A data center interconnection queue is the waiting line for large facilities seeking electrical grid connection.

What is AI Data Center Cooling Density?

AI data center cooling density describes the heat-removal capacity required by concentrated GPU racks.

What is High-Bandwidth Memory (HBM)?

High-bandwidth memory is fast memory located near advanced accelerators to keep AI workloads supplied with data.

Compute Market Structure8 lessons

What is a neocloud? Meaning, examples, and GPU capacity

How compute-first cloud operators sell GPU clusters, reservations, and AI capacity.

What is a Compute Capacity Market?

A compute capacity market organizes access to AI compute as priced, reserved, allocated, or future-delivered capacity.

What is GPU Cloud Capacity?

GPU cloud capacity is buyer-accessible accelerator supply available for AI workloads through cloud providers.

What is a Compute Reservation?

A compute reservation secures defined GPU or accelerator capacity for a buyer over an agreed period.

What are GPU rentals? AI cloud pricing and capacity signals

How rented accelerator capacity turns GPU access into observable market pricing.

What are spot prices? AI GPU spot market explained

How interruptible GPU capacity prices expose marginal AI compute supply.

What is GPU-Backed Financing?

GPU-backed financing is borrowing against GPUs or their rental contracts to fund AI infrastructure without paying the full cost upfront.

What is Sovereign AI Compute?

Sovereign AI compute is AI capacity a country controls within its own borders and jurisdiction, reducing dependence on foreign infrastructure.

Compute Futures5 lessons

What are compute futures? AI GPU forward pricing explained

How forward prices turn future GPU capacity into a planning and market signal.

How to read a compute forward curve for AI GPU capacity

How curve shape signals expected tightness, relief, or uncertainty in future compute supply.

What is a Compute Forward Contract?

A compute forward contract agrees today on a price for defined compute capacity delivered at a future time.

What is a Compute Capacity Market?

A compute capacity market organizes access to AI compute as priced, reserved, allocated, or future-delivered capacity.

What is a Compute Reservation?

A compute reservation secures defined GPU or accelerator capacity for a buyer over an agreed period.

Buyers & Operators8 lessons

How AI Labs Buy Compute

AI labs secure usable capacity through rentals, reservations, cloud agreements, owned clusters, and strategic infrastructure deals.

How to Compare GPU Cloud Quotes

Comparing GPU cloud quotes means normalizing rate, capacity quality, access terms, and expected completed-workload cost.

GPU Cloud Quote Comparison Checklist

Eleven concrete fields to compare on every GPU cloud quote before signing.

How to Estimate Monthly AI Compute Burn

Monthly AI compute burn measures recurring spending on the capacity used to train, fine-tune, experiment, and serve models.

When to Use Spot GPUs vs Reserved Capacity

Spot GPUs suit flexible work; reserved capacity suits predictable or critical AI workloads that need dependable access.

What is a Neocloud Service Level Agreement?

A neocloud service level agreement defines reliability and remedy terms for specialist GPU-cloud capacity.

What is AI Compute Procurement?

AI compute procurement is the disciplined process of sourcing and managing accelerator capacity for AI workloads.

What is GPU Utilization?

GPU utilization measures how much paid accelerator capacity is actively doing useful work.

Tools & Calculators5 lessons

GPU-Hour Cost Calculator

Estimate AI compute cost from GPU price, runtime, utilization, and overhead.

AI Training Cost Calculator

Estimate a training-run budget using GPU-hours and operating assumptions.

Model Serving Cost Calculator

Estimate recurring inference cost from usage and capacity needs.

Reserved vs On-Demand Calculator

Compare committing to reserved GPU capacity against paying on-demand for a workload.

API vs Self-Hosted Calculator

Compare paying per token for a hosted API against running the model on your own GPUs.

More Lessons & Emerging Topics36 lessons

Agent loops, stopping conditions, and budgets

Control repeated model and tool steps with explicit limits, progress checks, and cost budgets.

Agent observability and evaluation

Instrument agent trajectories so teams can explain decisions, failures, latency, and cost.

Agent security and excessive agency

Limit what an AI agent can access, decide, and execute when tools or data are involved.

AI workload patterns

Compare batch, interactive, streaming, retrieval-heavy, and agentic workload patterns before sizing compute.

Build a practical evaluation dataset

Create a small, representative evaluation set that covers normal traffic, edge cases, and important failures.

Cost per successful outcome

Measure the total workload cost required to produce an accepted AI result.

Define functional and nonfunctional requirements

Separate what an AI system must do from how well, safely, quickly, and reliably it must do it.

Define the task, ground truth, and scoring rubric

Turn an AI evaluation goal into a task definition, reference answer, and scoring rubric that reviewers can apply consistently.

Deterministic graders and rule-based checks

Use code and explicit rules for the parts of AI evaluation that do not require model judgment.

Evaluate agents and multi-step workflows

Evaluate the complete path of an agent or workflow, including tools, retries, stopping, and final outcomes.

Evaluate retrieval and grounded answers

Measure whether retrieval finds useful evidence and whether the final answer stays grounded in that evidence.

Historical: Claude Opus 4.7 benchmark explained

Read Claude Opus 4.7 benchmark claims as AI compute economics evidence: capability, token pricing, workload fit, and likely inference demand.

Hosted API vs managed deployment vs self-hosting

Compare three ways to run an AI workload by control, latency, capacity, operations, and total cost.

Human approval and reversible actions

Design approval gates and undo paths before an AI system can take consequential actions.

Human review and model-based graders

Combine human judgment and model-based grading without mistaking either one for ground truth.

Latency: TTFT, output speed, and end-to-end response time

Separate time to first token, generation speed, and total response time when evaluating AI systems.

Model selection for the workload

Choose a model by task quality, latency, token economics, reliability, and deployment constraints.

Observability and GenAI operations

Operate AI systems with metrics, traces, evaluations, feedback, and change management.

Production reliability and regression gates

Turn evaluation results into release gates, monitoring, rollback, and reliability practices for AI systems.

Reliability and operational design

Design fallbacks, timeouts, retries, and service boundaries that keep AI workloads useful during failure.

Routing, fallbacks, and model portfolios

Use task-aware model routing and approved fallbacks to balance quality, latency, resilience, and cost.

Single-agent vs multi-agent design

Compare one capable agent with multiple specialized agents and the coordination cost between them.

The agent stack: model, instructions, tools, harness, and environment

Map the components that make an AI agent work and the boundary each component owns.

Throughput, concurrency, batching, and queues

Understand how request volume, concurrency, batching, and queueing determine serving capacity.

Token, context, and cache economics

Connect tokens, context size, caching, and reuse to AI workload cost, latency, and capacity.

Tool design and function calling

Design narrow, typed tools that let a model request useful actions without hiding critical assumptions.

What are Prometheus and Hyperion? Meta AI campuses explained

The latest build status for Meta’s Ohio and Louisiana AI campuses, and what remains future capacity.

What is an AI agent?

Understand an AI agent as a model-driven system that observes context, chooses actions, and works toward a goal.

What is an AI workload?

Define an AI workload by its task, traffic, model behavior, latency, reliability, and compute requirements.

What is Colossus? SpaceXAI’s Memphis GPU cluster

What SpaceXAI reports about its operating 220,000-plus-GPU Memphis cluster and why one million remains a roadmap.

What is Project Rainier? AWS Trainium cluster explained

AWS’s operating, nearly 500,000-chip Trainium2 system and how custom silicon changes compute supply.

What is Stargate? OpenAI’s AI infrastructure buildout

How to separate Stargate sites that are operating, under construction, and still planned.

What is Terafab? SpaceX chip factory explained

SpaceX’s announced Texas semiconductor project, its first-phase commitments, and what must happen before chips reach the market.

When not to build an agent

Choose a deterministic workflow when autonomy adds cost, uncertainty, or risk without enough benefit.

Why AI applications need evaluations

Learn why representative evaluations are necessary before shipping or changing an AI application.

Workflows before agents

Use fixed, composable steps before introducing a dynamic agent loop.

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