Andrew Feldman

I think it has been NVIDIA's strategy to try and create competitors for the traditional hyperscalers.

I think it has been NVIDIA's strategy to try and create competitors for the traditional hyperscalers.

I think they have funded and backstopped and over-allocated to the neoclouds.

I think they have funded and backstopped and over-allocated to the neoclouds.

They have created a dependence, which is probably not healthy.

They have created a dependence, which is probably not healthy.

So over time, the history of our industry is a massive reduction in the cost per unit compute.

So over time, the history of our industry is a massive reduction in the cost per unit compute.

For hard problems, there is no upper bound to how much faster you want to be.

For hard problems, there is no upper bound to how much faster you want to be.

Those were really kind words.

Those were really kind words.

It was a really exciting day for the company and the team and the people who believed in us and who backed us for a decade.

It was a really exciting day for the company and the team and the people who believed in us and who backed us for a decade.

It was great.

It was great.

Thank you for saying those nice things.

Thank you for saying those nice things.

I think when you look at other bubbles and you look at bubbles in the past, and I was in one in the late 90s when we built out an enormous amount of fiber optics and

I think when you look at other bubbles and you look at bubbles in the past, and I was in one in the late 90s when we built out an enormous amount of fiber optics and