Paul Graeme was right. Sam Oldman understands power. He has more power than AMD.So, he took 10% of their company for the privilege of selling stuff to him. The interesting thing is the leverage that Open AI has even though they're losing a ton of money precisely because they have the users. >> Nvidia is making so much money it's almost incomprehensible.So, I think Jensen knows he's got to give up some of it. The more you do this, the more you just say to yourself, you just need to do big exciting deals in t ...

Canada has more falling water than anywhere else on the earth. The opportunity to develop the cheapest power on Earth is mind-boggling. There is cheap power in lots of places, but in order for countries that wish to and don't have the natural resources of Finland that has geothermal or Iceland that has geothermal or Canada that has falling water, nuclear is a very reasonable and cost-effective strategy, especially over a several decade You. ...

Samsung built a fab in Texas and they had to change the design of a fab because of a local fire ordinance and the US government worked for years to get deployment of billions of dollars in Texas and a local fire ordinance set them back 8 months 10 months and caused them to redesign the fab. I mean that's a problem that's a challenge that we have to collectively work. ...

If you use OpenAI in various of their competitors the way you use Google, you'll see a very modest jump in productivity. If you use them in a fundamentally different way, that was Sam's point. You'll see a huge jump.If we reorganize ourselves around AI, you're going to see massive productivity gains. If we use AI to replace things we're already doing, Google or something else, you're not going to see very big jumps at all. That transition takes. ...

We have fundamental limitations in AI expertise. We're not making enough AI practitioners. We're not making enough data scientists who understand data pipelines.Our universities aren't minting enough. Our challenges in the US with immigration don't help that. We have historically sucked the best and the brightest first on J1s to come to our schools and H1s to stay.And if that is not our policy, we need to make them. Right. If the government decides that that that is not the way they want to build a workforc ...

Every day I go to battle with Goliath. Every day, every dollar we sell is a dollar that if we didn't work at it, if we didn't think, if we didn't invent, if we weren't 10 times better, would default to Nvidia. And before I competed with Nvidia, I competed with Cisco 15 years.every dollar that we sold there. ...

Things are moving at a rate that 6 8 12 months out everybody's unsure. It's so fast. It's so big.There is unbelievable demand and nobody knows where it will go in the future. The question of depreciation is how much faster are future generations than the current generation. That's the actual question on depreciation.People often say we don't have enough power in the US. This is strictly wrong. We have plenty of power.It's in the wrong places. Risk comes in financial markets where people fundamentally undere ...

Things are moving at a rate that 6 8 12 months out everybody's unsure. It's so fast. It's so big. There is unbelievable demand and nobody knows where it will go in the future. The question of depreciation is how much faster are future generations than the current generation. That's the actual question on depreciation. People often say we don't have enough power in the US. And this is strictly wrong. We have plenty of power. It's in the wrong places. Risk comes in financial markets where people fundamentally ...

Risk Aversion - The United States exhibits a higher degree of risk aversion compared to Europe [1] - The United States is particularly averse to mistakes of commission, where actions lead to errors [1] - Europe is more willing to accept the risk of omission, where inaction leads to errors [2] Economic Context - In a high-growth economy, the cost of missing opportunities (omission) outweighs the cost of making mistakes (commission) [2] Competitive Strategy - Europe seeks to compete through legislation [2]

You said you don't do free trials. Why not. With the free trials, you bring free trialists, which is a very weak signal.You want to bring payers, people who have high willingness to pay. And this is how you want to optimize your algorithms. Okay, I get you totally, but I'm really put off either like enter app pay.And I'm like, well, it's not an app. We do web on boardings. Uh, how much of net new subscribers is web on boardings.Like let's say 80% will be coming through web in all our companies apart from fl ...