The raw processing work (chips, time, and energy) consumed to train or run a model.
Broad technical consensus on what this term means. Disagreements that invoke it are about the world, not the word.
Compute is the physical input of the AI era, usually measured in floating-point operations (FLOPs). Training a frontier model concentrates enormous compute in clusters of specialized accelerators for months; serving it consumes compute again on every request.
Much of the AI-economy debate is really a debate about compute: who can buy it, what it costs, whether the build-out of chips, power, and data centers that supplies it is justified by returns, and whether controlling its flow (export controls) can steer the trajectory.