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[D] Will AWS/GCP or any cloud platform ever be cheaper than owning your own GPUs in the long run?

Every way I look at spec’ing out compute infrastructure points to owning your own equipment when it comes to cost for training models. How is this possible? Why aren’t AWS and Google competitive at scale? Surely they have much cheaper power and hardware costs.

submitted by /u/WrongMidnight
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Toronto AI is a social and collaborative hub to unite AI innovators of Toronto and surrounding areas. We explore AI technologies in digital art and music, healthcare, marketing, fintech, vr, robotics and more. Toronto AI was founded by Dave MacDonald and Patrick O'Mara.